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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?
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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  Availability: 1
Header DbId: enr
DbLabel: Energy & Power Source
An: 192774116
AccessLevel: 6
PubType: Periodical
PubTypeId: serialPeriodical
PreciseRelevancyScore: 0
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  Label: Title
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  Data: The Rise of Billionaire Bureaucrats: Why Does It Never End?
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  Data: <searchLink fieldCode="AR" term="%22Klasra%2C+Rauf%22">Klasra, Rauf</searchLink> (AUTHOR)
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  Data: <searchLink fieldCode="JN" term="%22Energy+Update%22">Energy Update</searchLink>. Mar2026, pN.PAG-N.PAG. 1p.
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  Data: *<searchLink fieldCode="DE" term="%22Corruption%22">Corruption</searchLink><br />*<searchLink fieldCode="DE" term="%22Kickbacks%22">Kickbacks</searchLink><br />*<searchLink fieldCode="DE" term="%22Foreign+investments%22">Foreign investments</searchLink><br />*<searchLink fieldCode="DE" term="%22Infrastructure+%28Economics%29%22">Infrastructure (Economics)</searchLink><br />*<searchLink fieldCode="DE" term="%22Political+elites%22">Political elites</searchLink><br />*<searchLink fieldCode="DE" term="%22Citizenship%22">Citizenship</searchLink><br />*<searchLink fieldCode="DE" term="%22Bureaucracy%22">Bureaucracy</searchLink>
– Name: Abstract
  Label: Abstract
  Group: Ab
  Data: 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]
PLink https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=enr&AN=192774116
RecordInfo BibRecord:
  BibEntity:
    Languages:
      – Code: eng
        Text: English
    PhysicalDescription:
      Pagination:
        PageCount: 1
        StartPage: N.PAG
    Subjects:
      – SubjectFull: Corruption
        Type: general
      – SubjectFull: Kickbacks
        Type: general
      – SubjectFull: Foreign investments
        Type: general
      – SubjectFull: Infrastructure (Economics)
        Type: general
      – SubjectFull: Political elites
        Type: general
      – SubjectFull: Citizenship
        Type: general
      – SubjectFull: Bureaucracy
        Type: general
    Titles:
      – TitleFull: The Rise of Billionaire Bureaucrats: Why Does It Never End?
        Type: main
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          Name:
            NameFull: Klasra, Rauf
    IsPartOfRelationships:
      – BibEntity:
          Dates:
            – D: 01
              M: 03
              Text: Mar2026
              Type: published
              Y: 2026
          Identifiers:
            – Type: issn-print
              Value: 23096578
          Titles:
            – TitleFull: Energy Update
              Type: main
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