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.
Nowadays, most articles about Turkey, Erdogan and Gulen have a default sentence: “Erdogan and Gulen were former allies”. It is said and written so many times that eventually became a fact. However, the reality is not that simple.
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M.O., a dismissed teacher and father of two kids with 92 and 98 percent disability ratings, has reportedly been kept in an Antalya prison for almost 4 months over alleged links to the Gülen movement. “We did not do anything wrong. My kids are 9 and 4 years old. We have no income, no job and no insurance. Nothing,” his wife said.
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