The Rise of Billionaire Bureaucrats: Why Does It Never End?
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| Title: | The Rise of Billionaire Bureaucrats: Why Does It Never End? |
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| Authors: | Klasra, Rauf (AUTHOR) |
| Source: | Energy Update. Mar2026, pN.PAG-N.PAG. 1p. |
| Subject Terms: | *Corruption, *Kickbacks, *Foreign investments, *Infrastructure (Economics), *Political elites, *Citizenship, *Bureaucracy |
| Abstract: | The article focuses on the issue of senior Pakistani officials, particularly Grade-22 bureaucrats and political elites, holding foreign citizenship while occupying high-ranking positions and engaging in corrupt practices. It highlights how these officials prioritize personal wealth through offshore companies, foreign bank accounts, and property acquisitions abroad, often linked to lucrative contracts and kickbacks, as exemplified by the rental power projects scandal involving a Turkish power ship. The text also discusses systemic corruption in development funds and infrastructure projects, with significant portions of allocated money reportedly diverted as commissions. The phenomenon has been acknowledged by senior ministers and is seen as undermining national loyalty and accountability. [Extracted from the article] |
| Database: | Energy & Power Source |
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| Abstract: | The article focuses on the issue of senior Pakistani officials, particularly Grade-22 bureaucrats and political elites, holding foreign citizenship while occupying high-ranking positions and engaging in corrupt practices. It highlights how these officials prioritize personal wealth through offshore companies, foreign bank accounts, and property acquisitions abroad, often linked to lucrative contracts and kickbacks, as exemplified by the rental power projects scandal involving a Turkish power ship. The text also discusses systemic corruption in development funds and infrastructure projects, with significant portions of allocated money reportedly diverted as commissions. The phenomenon has been acknowledged by senior ministers and is seen as undermining national loyalty and accountability. [Extracted from the article] |
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| ISSN: | 23096578 |
