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.
Hizmetophobia: A by-product of the Turkish Muslim Spring
Hizmetophobia, as a version of Islamophobia, is wrong. I call on all Hizmet critics in Turkey and abroad to refrain altogether from negatively stereotyping a widespread civic movement without presenting credible evidence other than conspiracy theories, gossip and personal fears.
Germany Accuses Turkey Of ‘Unacceptable’ Spying Against Gülen Supporters
Boris Pistorius, the Interior Minister for Lower Saxony State of Germany, has accused Turkey of carrying out “unacceptable” spying on its soil. It is accused of conducting espionage in more than 200 associations and schools linked to supporters of Fethullah Gülen. Pistorius said the move was “intolerable and unacceptable.”
Erdoğan prepares for a bloodbath
Erdoğan’s ruling party has also begun issuing weapons permits to loyalists, especially through the Ottoman Youth Authority (Osmanli Ocaklari). I have previously reported Erdoğan’s appointment of former general Adnan Tanriverdi, the head of SADAT, to be his military counsel. Tanriverdi had been dismissed by the Turkish General Staff during the 1997 soft coup and appears bent on revenge against the secular order.
Turkish imams spied on Gülen sympathizers in Romania as well
A report published by The Black Sea news website on Saturday revealed that imams from Turkey’s Religious Affairs Directorate (Diyanet) spied on people sympathetic to Turkish Islamic scholar Fethullah Gülen and the movement he inspired in Romania as well.
Gradual transformation of Turkey into an authoritarian entity under Erdogan’s leadership
As Erdogan moved on the Islamic path of authoritarianism with political ambition of becoming of leader of Muslim world, it has adversely impacted the stability of Turkey — both internally and externally. By crushing the Gulen movement it undermined the Islamic ideational resources needed most to fight Islamic terrorism.
More Academics, Teachers, Charity Staff Detained Over Alleged Gülen Links
Tens of academics, teachers, university staff and aid organization personnel were detained by police in Turkey over alleged links with Gülen movement.
Latest News
Turkish inmate jailed over alleged Gülen links dies of heart attack in prison
Message of Condemnation and Condolences for Mass Shooting at Bondi Beach, Sydney
Media executive Hidayet Karaca marks 11th year in prison over alleged links to Gülen movement
ECtHR faults Turkey for convictions of 2,420 applicants over Gülen links in follow-up to 2023 judgment
New Book Exposes Erdoğan’s “Civil Death Project” Targeting the Hizmet Movement
European Human Rights Treaty Faces Legal And Political Tests
ECtHR rejects Turkey’s appeal, clearing path for retrials in Gülen-linked cases
Erdoğan’s Civil Death Project’ : The ‘politicide’ spanning more than a decade
Fethullah Gülen’s Vision and the Purpose of Hizmet
In Case You Missed It
Over 30 Turkish diplomats, families seek asylum in Germany
In Turkey for once-in-a-lifetime experience
Indialogue Internship Program 2017 has been a great success
Romania hosts 12th International Language and Culture Festival finals
Reasons to be worried about Turkey’s direction
A new book: Fethullah Gulen and The Gulen Movement in 100 Questions
Over 50 thousand Filipino families benefit Eid al-Adha meat aid
