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.
Will the AKP lose votes in disagreement with Gülen movement?
It is very likely that the real purpose of the government is indeed to punish the Gülen movement. Many political observers disagree with such a claim however, AKP officials have not find any convincing argument that will convince conservative people that the government is not punishing the Gülen movement, a movement that has touched many lives among the conservative people in the heartland of Anatolia.
Thunder’s Enes Kanter says his father has been arrested and faces torture in Turkey
“My father is arrested because of my outspoken criticism of the ruling party. He may get tortured for simply being my family member,” Kanter said in his statement Friday.
Gülen says he could be blamed for assassination of an MHP, CHP politician
US-based Turkish Islamic scholar Fethullah Gülen said on Monday that the possible assassination of an important politician from either the Republican People’s Party (CHP) or the Nationalist Movement Party (MHP) in the coming days might be blamed on him by pro-government circles.
Turkish imam in Australia mobilizes worshippers to spy on Gülen movement
Salih Arslan, a member of the board of the Ankara-funded Süleymaniye mosque in the Australian city of Perth, was revealed to have incited worshippers to spy on followers of the Gülen movement and affiliated institutions, including schools.
Was prime minister able to convince the EU?
Prime Minister Recep Tayyip Erdoğan makes all of his political reinforcement in the judicial system. He uses all his political power, charisma and charm to block the corruption probes. For this reason, instead of convincing the EU, he tries to secure a temporary peace so that he can finish his job.
First purification, next habituation
First of all, in terms of historical settings and cultural codes, Turkey has never found the solid ground to have a fully fledged democracy. The political elites have paid lip service to democracy and viewed democracy as an “electoral democracy.” As we see today, once the political elites have come to power they have adhered to authoritarian practices and curbed freedom and rule of law with the aim to serve their own interests.
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