Dj Cleo Reportedly Broke and Owes Bank R1 Million

Famous musician DJ Cleo is reportedly broke and in financial crisis. He apparently owes Standard Bank R1 million.

Cleo got a loan from the bank in 2006 to build his home. However he failed to meet his payment obligation in 2022.

The house was reportedly worth R2 million last year. The bank took the Dj to court as he failed to pay atleast R9 500 monthly instalments.

The monthly instalments were to be paid over a period of 20 years.