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.
Another suspicious death: Doctor dies of heart attack in prison
Ali Özer, a 48-year-old doctor who was jailed due to his alleged links to the faith-based Gülen movement, has died of a heart attack in Çorum Prison. This is 57th such suspicious death or suicide since last summer’s so-called coup attempt against Erdogan regime.
Something rotten within the government?
It stinks. This is the bluntest description of what the graft probe has revealed so far… So, regardless of the view of the issue as “Erdoğan vs the Hizmet movement,” it boils down to a battle between moral and immoral, clean and dirty, which is the real story of Turkey in the past 12 years. It was not the Hizmet movement, nor liberals, nor other reformists that brought the AKP to power; it was the average people of Turkey.
Renewed attempt to target firm close to Hizmet exposed
A prosecutor’s office in İstanbul is preparing to launch a new investigation into Kaynak Holding, a Turkish company close to the Hizmet movement, in an alleged attempt to reignite earlier claims of irregularities in the company.
U.N. rights chief questions due process in Turkey purges
The U.N. High Commissioner for Human Rights voiced deep concern on Monday at mass arrests and sackings of public employees in Turkey and the renewed state of emergency there, saying a “climate of fear” now reigned.
Mosque-cemevi project halted due to government’s ‘parallel paranoia’
Turkey’s first-ever complex housing both a mosque and a cemevi, an Alevi house of worship, has become the latest victim in the battle launched by the Justice and Development Party (AK Party) government against the Gülen movement after the Mamak Municipality refused to grant a certificate of occupancy to the complex on the grounds that it was built with “parallel funds.”
Turkish officers speak: Erdogan may have staged coup
So, if Erdogan’s narrative is flawed, what are the alternative theories? On the surface, much doesn’t add up. Now, several career Turkish military officers — none of whom are followers or supporters of Gülen — have compiled from open sources a lengthy report analyzing the coup. They have authorized me to share the Dropbox link where they have made it accessible.
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