Cherry Mobile CEO Maynard S. Ngu allegedly received at least ₱280 million in two tranches in early 2025 as part of a supposed 20% kickback from flood control and infrastructure projects linked to Sen. Francis “Chiz” Escudero, according to testimony presented at the Senate Blue Ribbon Committee on Friday, Nov. 14.
Maynard Ngu, best known as the founder and CEO of Cherry Mobile, 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.
Both Samsung and Cherry Mobile continued to dominate the tablet market space accounting for more than half of the total annual shipments the last three years since the pandemic started in 2020.
