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.
Abundant accusations [against Hizmet], little evidence
The Turkish media – or what is left of it – has already found Fethullah Gülen guilty of the coup attempt on July 15. When challenged about the evidence, the most common reply is “Come to Turkey and see” or “Everyone in Turkey thinks this way.” This almost unanimous opinion is not a coincidence, and it does imply a monopoly over the Turkish media rather than any objective fact.
The Global Imam
Suzan Hansen wrote an article about Mr. Gulen on The New Republic Magazine. She is trying to answer the question: What does the leader of the world’s most influential Islamic movement really want? What does the leader of the world’s most influential Islamic movement really want? Suzy Hansen November 10, 2010 The New Republic (Full content […]
Turkey, The great purge – Four lives upturned by Erdogan’s ‘cleansing.’ Episode 2 – Mehmet
Following the July 15, 2016, coup attempt, Erdogan promised to “cleanse” Turkey of a “virus” that has plagued its state institutions. That cleansing has been primarily directed at two organisations: the PKK and the Gulen movement. But the crackdown on both organisations began long before the July coup attempt.
Stability in the post-Erdoğan era
In a BBC interview aired in late February, Fethullah Gülen once again spelled out the most important challenges for Turkey: establishing unity among diverse groups that include Alevis, Kurds and others; boosting educational opportunities for the young population; and tackling the long-running poverty problem in Turkey.
Erdoğan’s Baku visit will not close Hizmet schools
Heydar Aliyev, an experienced and far-sighted politician, always supported these schools and we cannot say that the decisions to open the doors of the country to these schools was of no benefit. The schools have for years maintained the trust of the government because they are integrated with Azerbaijani society and its values. To think that the schools opened with blessings of Heydar Aliyev will be shut down by his son İlham Aliyev would be naïve.
Gülenist refugees from Turkey start over in U.S.
Scholars and academics may quibble about how to classify Fethullah Gülen, but pretty much all reasonable watchers of international politics agree that Erdoğan is power hungry, paranoid and increasingly autocratic.
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