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.
Neither Erdoğan nor his bureaucrats could convince the public that their plan was educational, and not an attempt to punish the Hizmet movement. Gül, Arınç and several of Erdoğan’s ministers couldn’t stop Erdoğan, who started a war against the Hizmet movement and even directly attacked Fethullah Gülen by taking remarks Gülen made about the headscarf ban 15 years ago completely out of context.
A new Exilic Community: The Hizmet Movement
After the alleged military coup that failed, the Islamic-rooted government forced hundreds of thousands of faith-based community members out of Turkey, causing a massive diaspora of Turkish citizens (deprived, however, of their citizenship) around the world.
Turkish intelligence staged a rocket attack on Erdoğan’s palace to rally public support
Turkey’s National Intelligence Organization (MIT) appears to have staged a rocket attack on the palace of Turkish President Recep Tayyip Erdoğan three days after a failed coup in order to bolster the perception that the threat of a putschist attempt was still alive and to rally public support for the government.
Turkey, caliphate and Erdoğan
The narrative, behavior pattern and policy decisions of Turkey’s chief political Islamist Recep Tayyip Erdoğan suggests that he believes the caliphate can be resurrected, with himself as the sole contender to become caliph, thereby gaining autonomous political authority over at least part of the Islamic world.
A February 28 tactic from the PKK
The people of the nation know Gülen, who has spoken for years from the lectern at mosques, and they know those on the other side, too. If the shadows of the weapons cast over these people were only to be lifted, we would see whose side they would stand on.
Fear Grows in Turkey as Crackdown on Gulen Followers Continues
The Turkish authorities are continuing their crackdown on followers of Islamic cleric Fethullah Gulen, who is being blamed for a failed military coup attempt. With tens of thousands of people arrested, opposition parties are starting to voice concern that the crackdown is turning into a witch hunt.
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