Bikies' dealer extortion charges dropped

The group of Hells Angels bikies charged including Sydney chapter boss Felix Lyle, Mostafa Jouayde, Selim Kocak, Jeffrey Sahyoun and Nonda Stamatakis.

The group had been accused of attempting to extort cash from Terry Mullens, the owner of a luxury car yard at Burwood, in Sydney's inner west.

They had been charged with demanding with menace between July 7 and 11, 2011, a silver BMW M3 valued at $49,000 from Mr Mullens at his dealership on Parramatta Road.

They had also been charged with participating in a criminal group and intimidation with intent to cause fear or physical harm in relation to the incident.

All five pleaded not guilty to the charges last year.

In Burwood Local Court on Tuesday, police prosecutor Daniel McMahon withdrew all charges against the men.

He said the decision was taken because of recent developments, but told the court he did not want to go into them at this stage.

In a discussion over costs, counsel for Stamatakis, Paul Hardin, said police had failed to properly investigate the credibility of Mr Mullens, who was to be a star witness for the prosecution.

Jouayde, 31, and Kocak, 25, were present in court for the decision and smiled broadly as the charges against them were dropped, before leaving prior to the argument over costs.

Jouayde, president of the Hells Angels Parramatta chapter, last year obtained a one-off extension to his bail curfew so he could marry his fiancee, Susie Arida, in a lavish wedding ceremony in Sydney.

Lyle, 54, president of the Sydney Chapter of the Hells Angels, was not present at court. Magistrate Brian Maloney adjourned the hearing on costs to May 30.