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.
Erdoğan’s aide: Unjust to suggest Hizmet eavesdropped on PM
A political aide to Prime Minister Recep Tayyip Erdoğan said on Monday that it would be “unjust” and “wrong” to associate the Hizmet movement with wiretapping devices found in Erdoğan’s office. Speaking to TV station NTV, Yalçın Akdoğan, an adviser to the prime minister and a deputy of the Justice and Development Party (AK Party), said: “Some people placed those devices there…. This is a grave situation.”
Losing rationality in politics and the economy
Turkey has a weak record of institutionalization. Despite the “We are a big state” narrative, today, Turkey’s political model is simple: the leader and the nation. Lacking effective institutions that can accommodate political fluctuations, crises of various calibers can harm Turkey’s stability easily.
CHP leader: PM saving himself by paralyzing constitutional order
The CHP leader said there is a “parallel state” in Turkey, but this parallel state is not the Hizmet movement, a faith-based group inspired by Turkish Islamic scholar Fethullah Gülen, or any other religious group, as alleged by the prime minister. The parallel state is one that comprises the prime minister, several ministers, their sons, bureaucrats and businessmen. “This is a parallel state established for corruption,”
Governmental Robbery – Armenian Deportation
What happened to those goods and money, who consumed those and whose morality did they destroy? Is it lawful and normal for a state to rob its citizens out of their property? Let us say, as you claim, that the Unionists were Freemasons and unbelievers; what happened to you, oh Islamists? Account for this 100 year old robbery.
Source claims US not probing into Gulenists’ alleged role in Russian ambassador’s murder
No investigation has been launched in the United States in connection with Turkey’s comments of the Gulen movement’s possible role in the Russian ambassador’s murder, a senior US Department of State official told TASS.
Mass firings in Turkey: ‘We have been given a social death sentence’
Some 134,000 people were fired after Turkey’s failed coup in 2016. Most are still jobless, forced to fight for healthcare and retirement benefits, and many suffer from post traumatic stress disorder (PTSD).
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