The Federal Government yesterday arraigned a former Chief of Naval Staff, Vice Admiral Usman O. Jibrin, Rear Admiral Bala Mshelia (rtd) and Rear Admiral Shehu Ahmadu (rtd) before an Abuja High Court over alleged N600 million fraud.
The prosecuting agency, the Economic and Financial Crimes Commission (EFCC) had slammed a four-count charge bordering on criminal conspiracy on the defendants. Joined alongside the three defendants is Habour Bay International Limited.
According to the charge, the defendants, while in office, allegedly bought a house worth N600 million from the account of Naval Engineering Services without the said purchase contract being captured in the budget. It was also alleged that the documentation for transfer of ownership of the property was done such that a private company owned by the family of the first defendant (Vice Admiral Jubrin) became the buyer.
The offence is in contravention of Section 26 (1) (b) and punishable under Section 22 (4) of the Corrupt Practices and Other Related Offence Act 2000. When the charge was read to them, they all pleaded not guilty. After taking their plea, counsel to EFCC, Abdullah Faruk, asked the court for a date for commencement of trial.
However, Y. C. Maikyau (SAN), representing the first and fourth accused, through an oral application made pursuant to Section 36(5) of the Nigerian Constitution, sought for the bail of his