This is one of those things you see with hibiscus from time to time. Usually it does not get too bad and often clears up on its own. It can have many causes - disease causing organisms as Chris described - but also insects can do this. Particularly types of mites that are microscopic in size and not visible to the naked eye. One of these is called the erinose mite and it has been a problem in Australia and Hawaii in recent years. Two others are broad mites and cyclamen mites. These are found throughout the ornamental plant world and often go misdiagnosed because they cannot be seen without a microscope. Feeding on new leaf tissue is what causes the distortions in the leaf as it grows.
I usually remove either the effected leaves or the leaves and part of the stem and dispose of them when I see this. Treatment with a miticide like Avid that works against these types of mites is also helpful. Probably oil sprays would work, too. Make sure plants showing this are not touching other plants to prevent spreading of the problem.
Charlie
Thanks Charlie, what you say sounds about right, certainly the 2 I have the problem with are right next to each other, the Vin being by far the worst so have moved it. Like you also say it does seem to go away on its own eventually, but I have done as you advice and cut away the stems and leaves and gave a spray with Neem oil, I did leave a bud on the Vin as I have yet to see one.
This thing whatever it is seems to only go for certain cv's, this is about the third or fourth time and always the Vin catches it the worst.