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The mayor was Rodrigo Duterte, the country’s current president. Malacañang denied on Tuesday that President Rodrigo Duterte has oligarchs and cronies of his own. Said to be a campaign donor and dummy of Duterte, Uy had gone on a buying spree and built a business enterprise in eight years. The P130-million smuggling case stemmed from alleged non-payment or underdeclaration of oil shipments by Phoenix … Personal life. Philippine President Rodrigo Duterte, center, and Dennis Uy, left, CEO of Phoenix Petroleum, and at right is Jose Pardo, chairman of the Philippine Stocks Exchange. Before 2016, Uy owned only 11 companies but had 36 more by 2019. YOUNG Davao-based tycoon Dennis Uy, whose wealth has increased exponentially during the administration of President Rodrigo “Digong” Duterte, reportedly owed the Bureau of Customs P130 million in customs taxes and duties during the previous Aquino 3rd administration. Lucrative contracts, government guarantees and preferential treatments had come easily for Duterte cronies such as Dennis Uy. Duterte correctly perceived that it was the poor who were primarily victims of the drug scourge, the destruction of families it causes, and the lawlessness it spawns. In an apparent attempt to dispel fears, Dito has embarked on a hiring spree of ex-military men. In his speech, Phoenix founder and CEO Dennis Uy was similarly effusive. Presidential Spokesperson Harry Roque came to the defense of Dennis Uy, a Davao-based businessman identified as a Duterte crony, saying that he built his fortune in mining. Uy went to see the local mayor, a family friend from childhood, for advice. Before 2016, Dennis Uy owned 11 companies . Udenna is controlled by businessman Dennis Uy, who is closely associated with President Duterte and was one of his biggest campaign donors. He considers other businessmen such as Steve Jobs, Jeff Bezos, and Chuck Feeney as his idols. In a press statement, Udenna, of Davao-based businessman and Duterte supporter Dennis Uy, said the deal involves the purchase by UC Malampaya Philippines Pte … By the start of this year, he had bought 36 more, with his Udenna Corporation’s assets ballooning from PHP44.1 billion (US$858 million) to PHP134.2 billion (US$2.61 billion) in just one year. Dennis Uy is married to Cherylyn Chiong who is a graduate of Business and Finance from the Ateneo de Davao University with whom he has three children; two daughters and a son. MANILA (Feb 3): Philippine tycoon Dennis Uy has built an empire spanning oil, shipping, casinos and telecommunications, but eight years ago his oil-trading business was in trouble over government allegations of fuel smuggling. Under Duterte, Uy’s companies have embarked on a flurry of acquisitions. 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