STATEMENT: HIPPO Ltd Denies Tax Evasion Allegations

HIPPO Ltd. (HIPPO) denies any wrong doing or complicity in any wrong doing by a state revenue agent or any person in respect of media reportage that some companies including HIPPO, have evaded import taxes due to the state to the tune of United State Dollars Three Hundred and Sixty Seven ($367m) million of which HIPPO Ltd is said to owe United State Dollars ($48.4M) Million. Read Full Story