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.
