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.
Informant on Gülen movement members says he fabricated testimony to avoid jail time
İbrahim Demirtaş, a major in the Turkish military who testified as an informant in investigations into sympathizers of the faith-based Gülen movement, has admitted that his statements were false and made in order to avoid prosecution and jail time.
Mysterious visitors to holdings
Reports of certain visitors paying “unexpected” visits to various Turkish holdings and company headquarters are currently being spread in economy circles. As these guests are connected or close in some way or other to the ruling Justice and Development Party (AKP), their visits can hardly be perceived as routine. These influential people are not making their visits for a cup of coffee. They send a short and clear message to the chairman of the executive board or to the general director, asking them to make a statement criticizing the Hizmet movement.
US Court Dismisses Turkey-backed Lawsuit against Fethullah Gülen
A US District Court in Pennsylvania today dismissed a politically-motivated lawsuit against Fethullah Gülen, an internationally respected Turkish scholar, preacher and peace activist. Brought about by three Turkish nationals with the backing of the Recep Tayyip Erdoğan-led Turkish government, the baseless lawsuit alleged persecution of the Doğan Movement at the direction of Mr. Gülen.
Fethullah Gülen: Turkey coup may have been ‘staged’ by Erdoğan regime
Fethullah Gülen, the reclusive cleric blamed by President Recep Tayyip Erdoğan for the failed coup in Turkey, believes the uprising by members of the country’s military could have been “staged” by the government it aimed to overthrow.
Hizmet unmasks ‘undemocratic’ Erdogan
What appears to be going on in Turkey now is a struggle between the Hizmet movement and Erdogan. However, when you scratch the surface, it is easy to detect the increasing authoritarian and arbitrary rule under Erdogan’s government. All Gulen is doing is asking for a more democratic Turkey.
‘I wanted to die during torture’ – teacher speaks on 2016 coup arrest
A report titled Mass Torture and Ill-Treatment in Turkey which was published in June 2017 by the Sweden-based Stockholm Center for Freedom (SCF), declared that the torture, abuse, and ill-treatment of detainees and prisoners in Turkey have become the norm rather than the exception.
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