CMB did not inflate Mascom stock - Okaile

The accusations come in the wake of an attempt to sell part of Econet shares at Mascom to BPOPF.  In his counter argument, CMB managing director,  Rapula Okaile produced what he  claims to be the only correspondence shared with the BPOPF chief executive Office, Boitumelo Molefe, at the time, pointing to the contrary.

Rapula says the decision to share the confidential correspondence with Mmegi was due to recent spate of attacks on CMB and himself, through various media outlets by a certain element at BPOPF.