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.
Turkey detainees tortured, raped after failed coup, rights group says
Jason Hanna and Tim Hume Captured military officers raped by police, hundreds of soldiers beaten, some detainees denied food and water and access to lawyers for days. These are the grim conditions that many of the thousands who were arrested in Turkey face in the aftermath of a recent failed coup, witnesses tell Amnesty International. […]
Gov’t effort to bring down bank would have international repercussions
Directing his criticism at the government, Nationalist Movement Party (MHP) deputy and parliamentary Justice Commission member Murat Başesgioğlu voiced out “If you attempt to bring down the bank, you will have negative repercussions in the international arena,” adding “No one will take you [government] serious in the international arena, if you attempt to bring down a bank.”
Gülen sues Ankara chief public prosecutor for defamation after terrorist label
Fethullah Gülen’s lawyer has filed a civil lawsuit claiming compensation against Ankara Chief Public Prosecutor Harun Kodalak for calling the Turkish Islamic scholar the leader of a terrorist organization, Gülen’s lawyer Nurullah Albayrak announced in a written statement
Erdoğan rewards the killers of Gülenists
The rule of law and the independence of Turkey’s judiciary, in lower courts in particular, have been seriously compromised since the failed coup in July 2016.
Complainant says he was ‘fooled,’ apologizes to suspects in trial targeting Gülen followers
Thirteen suspects who were detained as part of an operation targeting followers of the Gülen movement in the central province of Sivas were released after the complainant in the case apologized to them at court and withdrew his complaint, saying he was “forced” by some to launch the case.
A Very Predictable Coup?
First of all, though it is not a major issue, none of us believes that Gulen was behind the coup. It is convenient for Erdogan to blame his principal opponent because it will facilitate the arrests of any and all opponents not linked to the actual coup by claiming that they are Gulenists.
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