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.
Corruption investigation: Questions that will hound PM Erdoğan
Everyone is wondering now what is behind the corruption investigation, and the first “suspect” to come to many minds is the Islamist Gülen movement. Tensions between this group and the AKP have been rising over the years, and boiled over recently due to the prep-school issue – a matter that has received wide media coverage.
The Gülen movement denies this but the vitriol flying between daily Zaman, which is close to Gülen, and Yeni Şafak, which is staunchly pro-AKP, is enough to give one a sense of the bitter struggle involved.
Princeton professor accuses Gulen of orchestrating Turkish coup, Harvard professor disagrees
Edward Owen, professor of Middle East history at Harvard, said that he did not believe in Reynold’s certainty of Gülen’s guilt. Owen added that when a person writes “alarmist pieces” like Reynolds’, the main audience for the pieces is Washington. “It is a way of calling attention to yourself, and I imagine that Professor Reynolds would like his name registered by the people in Washington as somebody to go to, to employ, when there is a change in administration in Washington,” Owen said.
Fethullah Gulen’s stance on democracy 1994-2016
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.”
A useful guide to understanding the Hizmet-AK Party tension
Mustafa Yeşil, head of the Journalists and Writers Foundation (GYV), of which Fethullah Gülen is honorary president, talks about the reasons for the increasing tension between the ruling Justice and Development Party (AK Party) government and the Hizmet movement, which conducts praiseworthy activities in Turkey and around the globe with inspiration from well-respected Turkish-Islamic scholar Gülen.
Turkish PM: State of emergency will continue until Gülen movement completely wiped out
Turkish Prime Minister Binali Yıldırım said in Ankara on Thursday that the state of emergency which was declared following a failed coup attempt in July of last year will continue until the faith-based Gülen movement, which the government accuses of being behind the coup attempt, is completely wiped out from state institutions.
Dismissed after coup attempt, teacher detained during visit to imprisoned relative
Malatya teacher C.K., earlier dismissed from his/her post as part of the government’s post-coup purge, was taken into custody during a visit to his/her jailed relative on Saturday.
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
Head of Turkish Olympiads committee: The Nobel Foundation cannot overlook us
The AKP-Israeli thaw
Turks threatened over alleged links to the Gülen movement find a safe haven in Greece
Children from all over the world embarked on Turkish voyage
Governor’s office leads raid against Gülen inspired school based on annulled law
Dialogue and distrust: on the predicament of Gulen-inspired organisations in the UK
Gülen calls for broadening freedoms, improvement in Kurdish rights