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 agenda of the Turkish authorities [against Hizmet] goes far beyond the attempted coup, it is about the need to neutralise a movement that became a political threat when its followers within the judiciary and police started exposing corruption within the government’s ruling inner circle in December 2013.
Wife of veteran who lost hand, eyes in bomb attack under custody over Gülen links
Özlem Konakçı, the wife of former bomb disposal expert Bilal Konakçı, was detained over her alleged links to the Gülen movement. Bilal was retired from his position at İzmir Police Department after he lost his right hand and both eyes while trying to dispose of a bomb in 2009.
The tragedy in Soma will also be felt in politics
Mr Erdogan has launched what he admits is “a witch hunt”, demoting and reshuffling hundreds of Gulenists within the bureaucracy.
Gov’t reshuffling justice system to punish Hizmet
The Justice and Development Party (AK Party) government, in what many consider an attempt to take revenge on the faith-based Hizmet movement, has been reworking the justice system in Turkey — shutting down certain courts, establishing new ones and quickly assigning some prosecutors and judges to deal with certain cases — which is diametrically opposed to the principles of law.
Turkey After the July Coup Attempt – Alan Makovsky’s testimony before Committee on Foreign Affairs
The vastness and persistence of the purge of the civil service, arrests of journalists, and closure of media outlets—many seemingly having nothing whatsoever to do with the exiled Turkish preacher Fethullah Gülen or his Gülenist movement that the Turkish government blames for the coup attempt.
Turkish authorities deny release to critically ill cancer patient arrested on Gülen links
Yusuf Özmen, who was arrested in March to serve a sentence on a Gülen-linked conviction despite having stage 4 cancer, remains in prison despite a medical report saying he is almost totally disabled.
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