The military's penetration into society has accelerated under President Pervez Musharraf, who has also parachuted 1,200 officers into key positions in public organisations such as universities and training colleges. The military boasts that it can run such organisations better than incompetent and corrupt civilians.
In a 2004 speech to open a new industry owned by the Fauji ("Soldier") Foundation, General Musharraf boasted of "exceptional" military-owned banks, cement and fertiliser plants. "Why is anyone jealous if the retired military officers or the civilians with them are doing a good job contributing to the economy?" he said.
But Ms Siddiqa says the military businesses thrive, thanks to invisible state subsidies in the form of free land, the use of military assets, and loans to bail them out when they run into trouble. "There are gross inefficiencies and the military is mired in crony capitalism. The primary purpose of a trained military is war fighting. They are not designed for the corporate sector."
Her £10bn estimate of military wealth is a "rough figure", she says, split between £6bn in land and private military assets.
