Viceroy founder disbarred in UK for misconduct and dishonesty - Intellidex

Viceroy founder Fraser Perring (screengrabbed from www.bloomberg.com)

What worried us most… they did not give credit; they cut and pasted, and presented it as their own…

Bonang Mohale, Business Leadership South Africa

There are great chunks of text that are identical, as well as numbers and tables that are the same.

Stuart Theobald, Intellidex

Research firm Intellidex on Thursday released a report, accusing controversial short-seller Viceroy of “substantially plagiarising” its report on Steinhoff and adding “negligible” original content.

Viceroy calls the allegations “ridiculous”, but failed to address the plagiarism accusation directly.

Fraser Perring, the founder of Viceroy, was disbarred as social in the UK four years ago for misconduct and dishonesty, according to Intellidex Chairperson Stuart Theobald.

Ray White (in for Bruce Whitfield on The Money Show) interviewed Theobald and Business Leadership South Africa (BLSA) CEO Bonang Mohale.

BLSA commissioned the report into Viceroy.

Listen to the interview in the audio below (and/or scroll down for more quotes from it).

They have the power to move the stock…

Bonang Mohale, Business Leadership South Africa

Our regulations clearly are inadequate… by simply saying there’s a report on a company; that destroys value…

Bonang Mohale, Business Leadership South Africa

Our regulatory regime is still catching up…

Stuart Theobald, Intellidex

In Viceroy’s work… there are some falsehoods that no reasonable person could’ve thought was true…

Stuart Theobald, Intellidex

The desired outcome is to have 57 million South Africans who can make informed decisions…

Bonang Mohale, Business Leadership South Africa

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