Book shines light on Pakistan military's '£10bn empire'
· Business interests range from cement to cornflakes · Little transparency into officer-led conglomerates
Declan Walsh in Islamabad Thursday May 31, 2007 The Guardian
The Pakistani military's private business empire could be worth as much as £10bn, according to a ground-breaking study. Retired and serving officers run secretive industrial conglomerates, manufacture everything from cement to cornflakes, and own 12m acres [4.8m hectares] of public land, says Dr Ayesha Siddiqa, author of Military Inc: Inside Pakistan's Military Economy.
The book tackles a previously taboo subject - the range and depth of the military's business interests - considered a major factor in the ambitions of the generals who have ruled Pakistan for more than half of its 60-year history. "It feeds directly into the military's political power; it's an expression of their personal and organisation strength," said Ms Siddiqa, a former director of research at the Pakistan navy.
