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.
U.S. critics of Gulen claim that an extreme Islamic fundamentalist lies beneath his public statements and that he is someone who wants to bring Sharia law to both Turkey and the U.S. In Turkey, though, his enemies portray him as a Zionist puppet of the CIA and Israel.
Erdoğan prepares for a bloodbath
Erdoğan’s ruling party has also begun issuing weapons permits to loyalists, especially through the Ottoman Youth Authority (Osmanli Ocaklari). I have previously reported Erdoğan’s appointment of former general Adnan Tanriverdi, the head of SADAT, to be his military counsel. Tanriverdi had been dismissed by the Turkish General Staff during the 1997 soft coup and appears bent on revenge against the secular order.
Amnesty International researcher criticizes witch-hunt in Turkey
Amnesty International’s Turkey researcher has leveled sharp criticism against Turkey over ongoing purges that have followed a failed coup attempt in July and said arrests and firings over alleged links to the Gülen movement have now turned into a wide-ranging witch-hunt. He said arrest and detentions, which are based on no evidence, are bound to inflict damage to the notions of rule of law and freedom of expression.
Turkey’s MGK says discussed organizations threatening national security
Although Erdoğan insists that there would be a legal move against the Hizmet, opponents and critical voices point to lack of evidence necessary for a criminal investigation against the Movement.
Erdoğan…a factionist PM?
Now that the prime minister is battling a corruption scandal for which he is blaming the Hizmet movement, his new victims are Fethullah Gülen’s followers, who he calls “traitors.”
Gov’t tries to frame Hizmet with secret statements from shady sources
The alleged government-plot against members of the faith-based Hizmet movement, disclosed in June by former Interior Minister İdris Naim Şahin, was further instigated with questionable testimonies obtained from secret witnesses, informants and anonymous complainants leading to criminal prosecutions apparently orchestrated by political authorities.
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