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’s options: to propose and sponsor amendments at the US parliament or to provide evidence against Gulen
At separate meetings between President Obama, US Vice president Biden and President Erdogan of Turkey, the American justice system has technically made it very difficult and imposable for the unlawful demands of Erdogan to be met. However, the options available to Erdogan are number one, to propose and sponsor amendments at the US parliament, number two, is to provide evidences to his claims against Gulen.
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The Gülen Factor: Erdogan, the Coup, and the United States
Engaged in his dirty spate of housecleaning under the auspices of protecting the constitution and the Turkish state, President Recep Tayyip Erdoğan continues to insist on one vital scalp in his enterprise.
In an exclusive interview with FRANCE 24, Fethullah Gulen admitted meeting a key figure in Turkey’s July 2016 attempted coup. But the Turkish cleric said that a mere visit from one of his followers isn’t proof he orchestrated the failed coup.
Erdoğan now targets foreign countries for granting asylum to critics
President Recep Tayyip Erdoğan has blasted foreign countries who granted asylum to sympathizers of the Gülen movement after they fled Turkey fearing persecution amid post-coup witch hunt.
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