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.
The high-profile officials — whose involvement in bribery and corruption have been disclosed with much media coverage — and those who protect and abet them do not care about how they will be remembered by future generations. They do not feel ashamed about the positions they adopt, and they shamelessly proceed to give the impression of siding with “robbers” in the cops vs. robbers confrontation.
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Mr. Gulen has reiterated his clear stance on democracy, in the wake of the coup attempt in Turkey. Here is what he had said back in June 1994: “I believe, from now on, both in Turkey and in the rest of the world, there will we no going back from democracy.”
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The Turkish schools were recently steeped in controversy after the Turkish government linked to being part of activities of self-exiled clergy Fethullah Gulen whose global network is accused by the Ankara government for fomenting terrorism, and money laundering.
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“The day I was detained, five police officers took me to a mountain and beat the hell out of me. I have been kicked in the head and genital area tens of times. I managed to identify two of the torturers. One of them was called Nejdet and the other one was Battal. Yet, maybe they use nicknames…. I do not have strength to tell you about all the humiliating sexual torture I faced that night,” a victim said.
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In practice, a revised constitution would make it much easier for Erdogan to consolidate power entirely, taking Turkey out of the democratic column and making it into a dictatorship, pure and simple.
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