Viceroy Research, the self-proclaimed crusader against corporate malfeasance, would probably not pass anti-money laundering requirements necessary to open a stockbroking account in its own name. This was the view of Intellidex, who 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 has falsely risen to prominence in SA by publishing a report into Steinhoff that it had extensively plagiarised. Its subsequent report into Capitec was less well received. This was part of a broader thrust that highlighted the scepticism as to how Viceroy generates income and is compensated for the research it claims to undertake. "We found no evidence of Viceroy being a registered entity with any legal status to trade," says Stuart Theobald, the lead author of the report via telecon...

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