It is now clear that Jose Chameleone might not be good at running small businesses.
Last week we revealed how the singer had closed his Kololo based DNA Lounge following huge debts.
Snoops reveal that the singer was involved in a bitter feud with the Muzungu manager identified as Maxim GK Steurbaut.
It has been revealed that the two are still feuding after the singer made an audit at the bar and found out that he was making huge losses.
Snoops reveal that Chameleone found out that the Muzungu manager had mismanaged the funds and about Shs300million could not be traced.
It is also revealed that Maxim mismanaged and went ahead to empty the bar accounts without the singer’s knowledge.
It was also found out that the suppliers of the bar were demanding huge sums of money.
Snoops further say that Maxim has been enjoying the bar money with his girlfriend Sheila Saltofie.
After several consultations with his Denmark based partner the Basima Ogenze singer decided to sell off the bar.
For close to a week, Chameleone has been looking for serious buyer until he recently found one with a good offer.
It is also revealed that Jose Chameleone settled for Shs320million after evaluation of the equipment and items in the bar.
Snoops have further revealed that Chameleone has embarked on clearing debts and rent arrears to his landlord, tycoon Drake Lubega.
It is worth noting that the fate of workers is unclear since they are not sure if the new management will take them on.
