MIGHTY Corp. on Thursday took to task Philip Morris Fortune Tobacco Corp., Inc. (PMFTC) president Paul Riley for making “unfounded and malicious statements” over its alleged fraudulent activities.

Mighty executive vice president Oscar P. Barrientos was reacting to Riley’s claim that Mighty undervalued its imports based on its own funded and self-serving report and the incomplete study done by the Senate Tax Study and Research Office (STSRO).

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