Businessman and technology executive Maynard S. Ngu, best known as the founder and CEO of Cherry Mobile, is facing public scrutiny after being linked to alleged kickbacks from government flood control projects, according to testimony at a Senate Blue Ribbon Committee hearing.
Ngu, a long-time entrepreneur whose group of companies spans mobile devices, electronics, and lifestyle ventures, was accused by former Department of Public Works and Highways (DPWH) undersecretary Roberto Bernardo of acting as an intermediary for Sen. Francis “Chiz” Escudero in securing funds from projects inserted into the national budget.
Bernardo testified that Ngu asked him to submit a list of infrastructure projects for Valenzuela and Marinduque, worth about ₱800 million in total.
Once the projects were included in the General Appropriations Act, Bernardo claimed he was instructed to turn over 20 percent of the amount — or roughly ₱160 million — to Ngu, allegedly intended for Escudero.
Escudero has denied involvement in the scheme. Ngu has yet to issue a public statement on the matter.
Beyond his business ventures, Ngu has established close ties with government. In 2023, Pres. Ferdinand Marcos Jr. appointed him as Special Envoy to China for Trade, Investments, and Tourism, a role aimed at deepening bilateral economic ties. His companies have also supplied technology to government agencies, including the Department of Education.
Ngu has previously been a significant political donor, contributing ₱30 million to Escudero’s 2022 senatorial campaign and donating mobile phones to other candidates.
His family also holds stakes in lifestyle ventures such as Luxelle PH, a beauty brand co-owned with actress Heart Evangelista, and Cork Wine Bar in Bonifacio Global City.
The Senate probe continues as lawmakers weigh whether criminal or administrative charges may be pursued against those implicated in the scandal.
