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.
The Turkish government needs to understand that this kind of crazy makes it much less likely that the U.S. will extradite Gulen. His lawyers can point to this kind of demented paranoia as evidence that the Turkish justice system can’t be trusted to give him a fair trial. Most U.S. judges are likely to agree.
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Rebecca Harms, a member of the European Parliament and co-president of the Euronest Parliamentary Assembly visited Mustafa Emre Çabuk, a Turkish school administrator who was arrested by Georgian authorities last year at the request of the Turkish government, on Thursday according to her post on her Twitter account.
Gulen suspect testifies before US Congress on recent coup attempt
An alleged member of the Fetullah Gulen organization was invited on Wednesday to speak to a congressional panel on Turkey, a stunning move that could exacerbate tensions between Ankara and Washington. Ahmet Sait Yayla was added to the original list of speakers to address the House Foreign Affairs Subcommittee on Europe, Eurasia and Emerging Threats.
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Independent deputy İhsan Barutçu denied telling the Star daily that the Hizmet movement had plotted against him, after the daily ran a headline on Friday with a quote from the deputy.
Kerry: Turkish President’s Insinuation of US Role in Attempted Coup is ‘Harmful to Our Bilateral Relations’
John Kerry: We invite the government of Turkey, as we always do, to present us with any legitimate evidence that withstands scrutiny. And the United States will accept that and look at it and make judgments about it appropriately.”
Gradual transformation of Turkey into an authoritarian entity under Erdogan’s leadership
As Erdogan moved on the Islamic path of authoritarianism with political ambition of becoming of leader of Muslim world, it has adversely impacted the stability of Turkey — both internally and externally. By crushing the Gulen movement it undermined the Islamic ideational resources needed most to fight Islamic terrorism.
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