Mpumalanga taxi boss Joe Sibanyoni's assets frozen - EWN

Mpumalanga taxi boss Joe Sibanyoni's Ferraris have been parked off following a preservation order by the National Prosecuting Authority (NPA).

The NPA's asset forfeiture unit secured the order against Sibanyoni and his co-accused in an extortion case, including taxi fleet owner Oupa 'Bafana' Sindane.

The pair are among four charged with extortion and money laundering, with their case to resume in April next year.

It's alleged the group demanded payments from the director of a company undertaking a road-construction project, which Sibanyoni defended as a 'local content fee'.

The NPA has now frozen at least R99 million worth of assets, including several houses, estate properties and a fleet of luxury vehicles - including Ferraris, a Porsche and BMWs.

Court sets deadlines for state and defence in R2.2m extortion case involving taxi boss 'Ferrari' Sibanyoni