Viceroy Research, the self-styled crusader against corporate malfeasance, would probably not pass the antimoney-laundering requirements necessary to open a stockbroking account in its own name. This was the view of Intellidex, which upped the ante on Thursday in the wake of the critical report it released after being commissioned by Business Leadership SA (BLSA) to look into the issue of short selling in the age of fake news. The report was highly critical of Viceroy, suggesting the hitherto obscure firm had falsely risen to prominence in SA by publishing a report on Steinhoff it had plagiarised. Its subsequent report on Capitec was less well received and its key allegations refuted by the Reserve Bank. No legal status This was part of a broader thrust that highlighted scepticism about how Viceroy generates income and is compensated for research it claims to undertake. "We found no evidence of Viceroy being a registered entity with any legal status to trade," said Stuart Theobald, t...
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