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.
Erdogan pushes to close down Gulen-inspired Turkish schools in Africa
Turkish President Erdogan is pressing ahead for the closure of Turkish schools affiliated with the Gülen movement (aka Hizmet movement) in African countries. There are more than 100 Gülen-inspired schools in Africa, as well as other parts of the world. The government praised these schools in the past as key institutions promoting Turkish culture abroad.
Bedridden mother dies of hearth attack after daughter arrested over Gulen links
A bedridden 86-year-old woman dies of heart attack days after daughter, who had been looking after her for years, was arrested by a court over links to the Gülen movement.
President Erdoğan envies the Hizmet according to prominent columnist
Subsequent to the corruption probe the AK Party had denied the charges, blaming the Hizmet movement accusing it of orchestrating the probe. “This is when the antagonizing rhetoric started,” according to Alkan. President Erdoğan has in fact openly vowed to bring down the movement and anyone it perceives as being affiliated with it.
Turkey’s Unethical Interference in American (Muslim) Civic Society is Dangerous
The Erdogan government jails its citizens without due process, severely curtails freedom of speech by jailing journalists, and ignores the plight of vulnerable minorities. They are the least credible messengers to warn Americans about their civic duty. The Turkish Consulate’s attempt to use McCarthyite tactics to spread fear and unduly influence American civic life is simply abhorrent and deserves condemnation.
Erdogan’s Journey – Conservatism and Authoritarianism in Turkey
What happened to Recep Tayyip Erdogan? The Turkish president came to power in 2003 promising economic and political liberalization. But under his rule, Turkey has instead moved in a profoundly illiberal, authoritarian direction, which some feared was Erdogan’s true agenda, given his background in Islamist politics. Rather, Erdogan has become something more akin to a traditional Middle Eastern strongman: consolidating personal power, purging rivals, and suppressing dissent.
Three Turkish diplomats seeking asylum in Germany after coup
At least three Turkish diplomats, reportedly including one military attache, are seeking asylum in Germany in the wake of the failed military coup in Turkey, German media cited government sources as saying. That would likely further strain tense ties between Ankara and Berlin after Turkey was outraged by a resolution passed by Germany’s parliament that declared the 1915 massacre of Armenians to be genocide.
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