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.
Police officers carrying Kalashnikov rifles conducted a raid at a girls’ school dormitory in eastern Van province on Sunday, a move that is seen as part of an ongoing government-orchestrated operation targeting the faith-based Gülen movement, popularly known as the Hizmet movement.
Turkish gov’t planning slaughter of jailed Gülen followers in staged riot, lawyer claims
The Turkish government is headed for mass killings of people jailed over alleged or real links to the Gülen movement, in a staged riot in Silivri prison, a lawyer representing a former police chief imprisoned as part of a crackdown against the movement claimed, underlining that he is worried about the lives of his clients.
Turkey: ‘Exclusion for all’ state
Indeed, just last week a columnist in a pro-government daily argued that officials in certain government institutions have been expelled over their alleged ties to the Hizmet movement. This is no different from a witch hunt. In a civilized society, expelling qualified professionals because of their sympathy for a religious and social movement can only be described as discrimination.
EU, US Have Little Leverage as Turkish Democracy Backslides
“In the big picture, Erdogan knows that the EU needs Turkey and will come back begging for a new agreement on the migrants. That’s why he will play a game of brinksmanship,” said Soner Cagaptay, the director of the Turkish program at The Washington Institute.
LDP leader says received ‘indecent proposal’ from pro-gov’t paper
“They said I would make the headline story of the newspaper if I agreed to speak to them about the existence and alleged activities of a parallel state. I rejected this indecent proposal. Let them keep their headlines and proposal,” the LDP leader said on Thursday, speaking to Today’s Zaman.
Prep school debate [in Turkey] continues
According to Bugün columnist Adem Yavuz Arslan, some newspapers, such as Akit, use very harsh language against the Hizmet movement in the prep school debate. Arslan wrote that newspapers are free to criticize things, but the criticism cannot be made as a form of revenge. The right to open a prep school is a democratic right, Arslan said.
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
Kimse Yok Mu holds iftar dinner for Bosnian orphans
Gulen has ‘no intention of leaving the US’
Turkish American Society Builds Bridges
Ahmet Altan has shown which side he’s on
AK Party takes action to expel deputy who opposed closure of prep schools
Fethullah Gülen suggests Turkish coup attempt could have been staged
Turkish officials cancel green passport of Islamic scholar Gülen