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.
Using the failed military coup attempt on July 15 as a pretext, President Recep Tayyip Erdogan orchestrated a huge purge of more than 100,000 people from the civil service without bothering to implement administrative or judicial investigations.
A Different Kind of Coup? Why You Should Care About A “Reclusive” Turkish Imam in Pennsylvania
We should consider not only what people say about Fethullah Gülen, but what he says himself. Decades of speeches and publications make this possible and reveal certain attributes. For example, Gülen advocates a form of Sufi humanism. He seeks collaborative relationships across religious, cultural, and national borders. He is concerned about the poor and marginalized around the world.
Dozens detained in gov’t witch-hunt against Gülen movement
As part of an escalating witch-hunt against groups affiliated with the Gülen movement, the police have arbitrarily detained dozens of people across the country, including human rights defenders and philanthropists, using bullying tactics and unlawfully cuffing law-abiding citizens.
Amnesty laments treatment of Turkey purge victims
Those who believe they were wrongfully sacked can apply to a special commission to have their case reviewed and either be reinstated or compensated. The commission has “failed to uphold international standards and is acting as a de facto rubber stamp for the initial flawed decisions,” Andrew Gardner, Amnesty’s Turkey strategy and research manager, said.
Turkey’s AKP planning to blame Hizmet movement for Deep State’s crimes
Online government whistleblower Fuat Avni has claimed that the government is concocting a plan to blame the clandestine assassinations of the ‘deep state’ and the violent domestic acts planned by the National Intelligence Agency (MİT) on the Hizmet movement.
Turkey’s political weather forecast
A statement from the Higher Board of Judges and Prosecutors (HSYK) said a decree from Prime Minister Tayyip Erdoğan’s Justice and Development Party (AKParti) government was against the Turkish Constitution. The Board was mentioning the government’s Dec. 21 decree, asking prosecutors to inform local administrative authorities about their investigations, which was supposed to be confidential
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