Inside Joe Ferrari’s alleged R2.2m extortion network
An insider told the Sunday Times that the extortion involved a protection fee for the construction of Moloto Road (R573) in which Sibanyoni allegedly demanded a cut from the project
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Joe Sibanyoni, known as “Joe Ferrari,” rose from a taxi driver in 1985 to lead a multimillion-rand business empire. He is now accused of demanding R2.2m in protection fees from a prominent businessman involved in the Moloto Road construction project.
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