N600m Fraud: Ex-Naval Chief, Jubrin, 2 Rear Admirals get N100m bail

Justice A. S. Umar of the FCT High Court sitting in Maitama on Wednesday, September 28, 2016 granted bail to a former Chief of Naval Staff, Vice Admiral Usman O. Jubrin and two others for an offence bordering on criminal conspiracy brought against them by the EFCC.

Others are Rear Admiral Bala Mshelia (retd) and Rear Admiral Sheu Ahmadu ( retd).

They were docked alongside Harbour Bay International Limited by the anti- graft agency on Tuesday, September 27, 2016.

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.