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.
This selective application of democratic rights by Turkey’s intelligentsia only helps Mr. Erdogan consolidate his power. In their double standards, he finds tacit approval for his purges. Turkey lacks not only sturdy institutions that guarantee a system of checks and balances and the rule of law, but also a critical mass of citizens with the courage and integrity to demand them.
CHP Adana deputy lends support to mosque-cemevi project
Yet another figure from the main opposition Republican People’s Party (CHP), Adana deputy Turgay Develi, has expressed his support for the first joint mosque-cemevi (Alevi house of worship) project launched in Ankara last week. The groundbreaking ceremony of the first ever mosque-cemevi cultural center was held in Ankara on Sept. 8 with the participation of a number of government figures, Alevi and Sunni community leaders and members of the public.
US-based Turkish cleric denies involvement in coup plot
Fethullah Gulen told reporters at his Pennsylvania compound he knows only a “minute fraction” of his legions of sympathizers in Turkey, so he cannot speak to their “potential involvement” in the attempted coup against President Recep Tayyip Erdogan.
UK Parliament: No evidence that Gülen, movement behind coup attempt
Contrary to accusations made by President Recep Tayyip Erdoğan and the Turkish government, the Foreign Affairs Committee of the UK Parliament has concluded that Fethullah Gülen and the movement he inspired as a whole were not behind a failed coup attempt in Turkey on July 15.
The AK Party versus the Gülen Community
MUSTAFA AKYOL These days, the hottest topic in Turkey is the growing tension between the AKP (Justice and Development Party) government and the Fethullah Gülen Movement, a powerful Islamic community with millions of followers and a large civil society presence. In fact, these two powerful forces, “the party” and the “the community,” used to be […]
Erdoğan vows to strip Gülen sympatizers off Turkish citizenship
Speaking in his Black Sea hometown of Rize on Saturday, Erdoğan repeated his unsubstantiated accusations against the Gülen movement, calling its sympathizers “terrorists.” Erdoğan urged these people under persecution to become citizens of the countries in which they are living, saying that “they will not be considered citizens of this country.”
Latest News
Turkish inmate jailed over alleged Gülen links dies of heart attack in prison
Message of Condemnation and Condolences for Mass Shooting at Bondi Beach, Sydney
Media executive Hidayet Karaca marks 11th year in prison over alleged links to Gülen movement
ECtHR faults Turkey for convictions of 2,420 applicants over Gülen links in follow-up to 2023 judgment
New Book Exposes Erdoğan’s “Civil Death Project” Targeting the Hizmet Movement
European Human Rights Treaty Faces Legal And Political Tests
ECtHR rejects Turkey’s appeal, clearing path for retrials in Gülen-linked cases
Erdoğan’s Civil Death Project’ : The ‘politicide’ spanning more than a decade
Fethullah Gülen’s Vision and the Purpose of Hizmet
In Case You Missed It
Diplomatic solution: Pak-Turk schools may not be shut down after all
‘Everybody reads about Prophet Muhammad’
Erdoğan’s allegations proven to be incorrect, contradictory over time
Islam’s need for enlightenment
Why did Turkey seize Bank Asya?
S. Korean universities host workshop on Hizmet movement
Exiled Turkish Leader Gulen Slams Erdogan for Coup Attempt in Report
