Bona Life Chief Executive Officer (CEO) Regina Vaka is launching a multi-million pula lawsuit against embattled private equity asset management company, Capital Management Botswana (CMB) and its Directors, following a recent clash over Bona Life deals. Vaka revealed on Wednesday that she has instituted legal proceedings against CMB Director and CEO Rapula Okaile after a fallout which culminated with the latter demanding P650 million from her recently. Vaka has dismissed all the accusations leveled against her and Bona Life by Okaile in his letter of demand issued two weeks ago. In his claim, Okaile accused Vaka of being liable for her personal actions that destroyed Bona Life from being a billion pula company in March 2017 to its current zero worth value and thus demands compensation of P650 million for shareholding held by CMB. Vaka pours scorn on allegations that Bona Life has zero value, explaining that the company has accumulated some intrinsic value that is embedded in it and that it has established a very strong brand in the local market and managed to penetrate the market well to build a sizeable client portfolio. Further, Vaka has in turn hit back at CMB saying the letter of demand written…