LSE Group controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2014
Alleged hundi and hawala operation
The FIA reported an operation involving dealers at the exchange, arrested three suspects, and seized money, gold, records, equipment, weapons, and ammunition. It said the records indicated approximately Rs24.75 billion in transfers abroad through hawala channels.
2006
Nisar Elahi share-sale litigation
Mian Nisar Elahi alleged that shares had been sold unlawfully and sued the exchange, the Central Depository Company, and SECP. A single-bench ruling imposed damages, but that order was suspended by a division bench in 2007.
2000
Market-crash disruption and clearing dispute
An unprecedented market crash led to account freezes, a two-day closure, and a one-day trading suspension. The reported circumstances included alleged exposure-limit breaches by members and failures to settle clearing obligations.