That’s a good question.
The Malaysian Insider carried a Singapore Straits Times report on 15 July describing Penang-born Low as supposedly being part of Najib’s inner circle.
Check it out here:
Another low-profile businessman, he was a key architect of a multibillion-ringgit sovereign wealth fund established by the state of Terengganu.
The fund, called the Terengganu Investment Authority (TIA), has sparked controversy because it will be created using borrowed money and not existing capital held by the state. It will raise capital from a RM5 billion bond issue, which will be guaranteed by the Malaysian government.
Little is known of Penang-born Low, who a TIA official said is an adviser to Malaysia’s King, Sultan Mizan, and has close ties with several Middle East investment funds. — The Straits Times