EFCC Arraigns ALSCON, Director for Alleged N582.43m Money Laundering
The Economic and Financial Crimes Commission, EFCC, on Monday, October 12, 2026, arraigned Aluminium Smelter Company of Nigeria, ALSCON, plc, and its Director, Zavyalov Dmitry, before Justice O. A. Egwuatu of the Federal High Court, Abuja, for alleged money laundering offences involving N582,430,250.
The Economic and Financial Crimes Commission, EFCC, on Monday, October 12, 2026, arraigned Aluminium Smelter Company of Nigeria, ALSCON, plc, and its Director, Zavyalov Dmitry, before Justice O. A. Egwuatu of the Federal High Court, Abuja, for alleged money laundering offences involving N582,430,250.
The company and its director were arraigned on a six-count amended charge, marked FHC/ABJ/CR/644/2025. Dmitry is said to be at large.
According to the charge, the company, a Designated Non-Financial Business and Profession, DNFBP, and Its Director, Dmitry, failed to report in writing to the Special Control Unit against Money Laundering (SCUML) single transfers made from the company’s account between March and July 2024, as required under Section 11(1)(b) of the Money Laundering (Prevention and Prohibition) Act, 2022.
The transfers include N147,515,050.00 in March 2024, N156,026,860 in April 2024, N121,425,200.00 in May 2024 and N127,338,190.00 in July 2024, all paid to UDATSON NIGERIA. Others are N15,124,950 paid to Urico Global Services in April 2024 and N15,000,000 paid to one Christopher Azogu in June 2024.
Count one reads: “That you, Aluminium Smelter Company Of Nigeria Limited, plc, a Designated Non-Financial Business and Profession, (DNFBP, and Zavyalov Dmitry (at large) being Director of the said DNFBP sometime in March, 2024 in Abuja within the jurisdiction of this Honourable Court, failed to report in writing to the Special Control Unit against Money Laundering, SCUML, a single transfer of the sum of N147,515,050 paid into UDATSON NIGERIA from account no. 1013726291 operated by Aluminium Smelter Company Of Nigeria Plc as specified under Section 11(1)(b) of the Money Laundering (Prevention and Prohibition) Act, 2022 and you thereby committed an offence contrary to and punishable under Sections 11 (3), 19(2) (b), and 22 of the same Act.”
According to the charge, the company, a Designated Non-Financial Business and Profession, DNFBP, and Its Director, Dmitry, failed to report in writing to the Special Control Unit against Money Laundering (SCUML) single transfers made from the company’s account between March and July 2024, as required under Section 11(1)(b) of the Money Laundering (Prevention and Prohibition) Act, 2022.
The transfers include N147,515,050.00 in March 2024, N156,026,860 in April 2024, N121,425,200.00 in May 2024 and N127,338,190.00 in July 2024, all paid to UDATSON NIGERIA. Others are N15,124,950 paid to Urico Global Services in April 2024 and N15,000,000 paid to one Christopher Azogu in June 2024.
Count one reads: “That you, Aluminium Smelter Company Of Nigeria Limited, plc, a Designated Non-Financial Business and Profession, (DNFBP, and Zavyalov Dmitry (at large) being Director of the said DNFBP sometime in March, 2024 in Abuja within the jurisdiction of this Honourable Court, failed to report in writing to the Special Control Unit against Money Laundering, SCUML, a single transfer of the sum of N147,515,050 paid into UDATSON NIGERIA from account no. 1013726291 operated by Aluminium Smelter Company Of Nigeria Plc as specified under Section 11(1)(b) of the Money Laundering (Prevention and Prohibition) Act, 2022 and you thereby committed an offence contrary to and punishable under Sections 11 (3), 19(2) (b), and 22 of the same Act.”
Count two: “That you, Aluminium Smelter Company Of Nigeria, plc, a. Designated Non-Financial Business and Profession (DNFBP) and Zavyalov Dmitry (at large) being Director of the said DNFBP sometime in April, 2024 in Abuja within the jurisdiction of this Honourable Court, failed to report in writing to the Special Control Unit against Money Laundering, SCUML, a single transfer of the sum of N156,026,860 paid into UDATSON NIGERIA from account no. 1013726291 operated by Aluminium Smelter Company Of Nigeria Plc as specified under Section 11(1)(b) of the Money Laundering (Prevention and Prohibition) Act, 2022 and you thereby committed an offence contrary to and punishable under Sections 11 (3), 19(2) (b), and 22 of the same Act.”
Count four of the charge sheet reads, “That you, Aluminium Smelter Company Of Nigeria Plc, a Designated Non-Financial Business and Profession and Zavyalov Dmitry (at large) being Director of the said DNFBP sometime in May, 2024 in Abuja within the jurisdiction of this Honourable Court, failed to report in writing to the SCUML, a single transfer of the sum of N121,425,200 paid into Udatson Nigeria from account no. 1013726291 operated by Aluminium Smelter Company Of Nigeria Plc as specified under section 11(1)(b) of the Money Laundering (Prevention and Prohibition) Act, 2022 and you thereby committed an offence contrary to and punishable under sections 11 (3), 19(2) (b), and 22 of the same Act.”
Lead counsel to the EFCC, Ekele Iheanacho, SAN, told the court that the offences are punishable under sections 11(3), 19(2)(b) and 22 of the Money Laundering (Prevention and Prohibition) Act.
When the charges were read, the company’s Acting Managing Director, Ime Monday Inyang, pleaded not guilty to all six counts on its behalf.
Counsel to the company had asked the court to quash the charges, claiming that the company was innocent of the charges.
In view of the plea, Justice Egwuatu adjourned the matter to January 27, 2027 for commencement of trial.
When the charges were read, the company’s Acting Managing Director, Ime Monday Inyang, pleaded not guilty to all six counts on its behalf.
Counsel to the company had asked the court to quash the charges, claiming that the company was innocent of the charges.
In view of the plea, Justice Egwuatu adjourned the matter to January 27, 2027 for commencement of trial.
What's Your Reaction?
