EFCC docks ex-Naval Chief, 2 Rear Admirals for N600m fraud

The Economic and Financial Crimes Commission, EFCC, has arraigned a former Chief of Naval Staff, Vice Admiral Usman O. Jibrin and two others: Rear Admiral Bala Mshelia (retd) and Rear Admiral Shehu Ahmadu (retd) before Justice A. S Umar of the FCT High Court sitting in Maitama, Abuja on a 4-count charge bordering on criminal conspiracy.

They were docked alongside Harbour Bay International Limited on Wednesday.

The naval chiefs whilst 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 Jibrin) became the buyer. The case is on going.