Bank Asya, a leading Turkish financial institution, announced on Sunday that their corporate governance rating had increased in June over its score from last year.
The bank released the figures in an announcement addressed to the Public Disclosure Forum (KAP). According to a recent report prepared by the Capital Markets Board (SPK), Bank Asya’s corporate governance rating increased from 84.20 in June 2013 to 90.85 in June of this year.
The founders of Bank Asya are known for being affiliated with the Hizmet movement, inspired by Islamic scholar Fethullah Gülen. News reports circulated earlier this year indicating the government had attempted to sabotage the bank, as corporations with close ties to Prime Minister Recep Tayyip Erdoğan withdrew upwards of TL 4 billion from their accounts, accounting for nearly one-fifth of the bank’s deposits.
Turkey just snatched six of its citizens from another country
The Pristina abductions are merely the latest episode of Turkey’s global purge, the government’s campaign to pursue its opponents all over the world, which began in 2014 but has accelerated dramatically since the coup attempt of July 2016. In this time, Turkey has repeatedly resorted to extralegal means to target its perceived opponents abroad.
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The witch hunt that has been affecting virtually all state institutions as well as private sector companies in recent months has a specific target: a social group, namely the Hizmet movement. Thousands of innocent people are being victimized solely because of their affiliation with or sympathy toward a social group, and no one can raise an objection to this profound injustice.
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Opposition parties have repeatedly warned members of the ruling party allegedly involved in graft that they would be held accountable for their corruption. That is the reason why a number of leading members of the AK Party, including Erdoğan, are taking the local elections as a life or death issue for themselves
Ethiopian schools linked to Turkish cleric are sold to German educators
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Washington Post on Erdoğan’s purge: Cruel frenzy in march towards authoritarianism
Mr. Erdogan, the Turkish president who was the target of a failed coup last July, has since carried out a wave of arbitrary punishments and imprisonments of thousands of journalists, academics, bureaucrats, lawyers and human rights defenders he suspects of affiliation with Mr. Gulen and his movement. This cruel frenzy is just the latest step in Mr. Erdogan’s march toward authoritarianism.
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