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.
If the AKP leader can publicize the mistakes made during the Sledgehammer and Ergenekon trials and convince the public that these were committed by overzealous prosecutors linked to the Gülen movement, it will be easy for him to make a comparison with the corruption allegations against his government.
Deepening crisis
As the Turkish government clamps down on protesters and attempts to hinder the corruption probe, Turkey is plunging deeper into a crisis that threatens to have a lasting impact on its society and economy.
The corruption case is the main story. With every move made to protect those in its immediate circle, the government is stepping away from the rule of law and undermining its reputation further.
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The municipality of Deventer will be placing surveillance cameras at the building of Turkish foundation Gouden Generatie on Tuesday. The building was set aflame on Saturday. Until the new cameras are in place, police surveillance will be intensified around the building, a spokesperson for the municipality said to RTL Nieuws.
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