Jho Low and his business colleagues wanted the Prime Minister to think that he was investing in a major enterprise owned by a player in Saudi, linked to the Royal family, so the deal could be presented as backed by the State of Saudi Arabia.

In fact, it was all pretty much a sham. But, it did the job and soon after the Malaysian development fund, which was completely controlled by Najib, invested hundreds of millions in the company’s new venture in Venezuela.