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.
Mischief-makers continue to work hard. Every objective conscience sees that the Hizmet movement now has to struggle for its rights and to defend itself against some unjust and fallacious accusations, such as that the Hizmet movement has created a parallel state, that it is an illegal organization and that it is even a junta.
Jailed journalist facing new trial for not calling Gülen movement a terror organization
Journalist Emre Soncan, who has been behind bars for 20 months, is facing a new trial for not describing the Gülen movement as a terrorist organization. Soncan, 36, used to work for Turkey’s best-selling Zaman daily, which was closed down by the Turkish government in the aftermath of a failed coup attempt on July 15, 2016 due to its links to the Gülen movement.
Why on earth does a Hizmet follower flee Turkey?
What follows is a translation of a recently-received one in which a family, sympathizer of the Gulen Movement, a.k.a. Hizmet, talk over their experience in leaving the country. Most of the credit go to the Samanyolu Haber for publishing the story that sheds light on personal stories in what many call Turkish brain drain, on September 6.
The Hizmet movement and participatory democracy
The Hizmet movement’s objections make an important contribution to the formation of participatory democracy in Turkey. So far, Turkish democracy was a game among political parties in the absence of a strong civil society and market actors.
Amnesty: 500,000 Kurds displaced in Turkey’s Southeast due to curfews, crackdown
Tens of thousands of residents of the UNESCO World Heritage Site of Sur are among an estimated half million people forced from their homes as a result of a brutal crackdown by Turkish authorities over the past year which may amount to collective punishment, said Amnesty International in a new report.
Erdoğan’s imaginary power struggles
When we look at international media coverage of the recent corruption scandal in Turkey, we see that the events are generally seen as a “power struggle” between the Justice and Development Party (AKP) government and the Hizmet movement.
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