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.
An election was held at the Ankara Bar Association recently. Nuh Mete Yüksel, who was among the powers that be in the prosecutorial community in the past, entered while this was taking place. He was once an awe-inspiring prosecutor. Apparently, he retired from prosecuting and became a lawyer. Of course, he is now deprived of the terrifying appearance he had in those years. He no longer has the frigid countenance that would send everyone’s hearts throbbing with fear. As it happens, some lawyers started to protest harshly the “fledgling lawyer.” Moreover, the hall was filled with shouts of “Go away!” So Yüksel had to go back without casting his vote…
Strategic defamation by Stratfor
Abdulhamit Bilici, March 18, 2012 (originally published on September 2, 2010) A few weeks ago, an American researcher by the name of Reva Bhalla came to visit us upon a reference from a good friend of ours. He told us that he was researching political inclinations in Turkey on behalf of the Stratfor intelligence firm. […]
Operation against whom?
A claim made this past weekend by Hüseyin Gülerce, a senior columnist for the Zaman daily, affiliated with the Gülen (Hizmet) movement, increased tensions in Ankara when he suggested that a major operation will be carried out by the government against the Gülen movement, which it believes to be behind the graft investigation.
Turkish coup was Erdogan ‘gift’
Erdogan became quite successful in his two very basic goals right after the coup. First and foremost, for putting all the blame squarely on the Hizmet movement, led by Gulen, and then carrying on a huge cover-up to hide other segments of the coup plotters. The problem is, while he has been quite successful in Turkey – he was not able to convince many in Europe and in the US.
The Scale of Turkey’s Purge Is Nearly Unprecedented
Only rarely in modern history has a leader detained and fired as many perceived adversaries as President Recep Tayyip Erdogan of Turkey has since a failed coup attempt last month. Here is how Mr. Erdogan’s vast purge would look if Americans were targeted at a similar scale.
Money trail in corruption case
The fact that the government practically stalled the investigation with a major reshuffle of the judiciary, police, watchdog agencies that track money, and finance and banking activities, while pushing emergency laws through Parliament to prevent further investigations and leaks, casts a shadow on how far the Erdoğan government had gone in these dirty deals.
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