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.
One of the most problematic aspects of the war against the Islamic State has been the role of Turkey. On the one hand, diplomats see Turkey as a cornerstone of any diplomatic strategy to counter the Islamic State in Syria and Iraq. On the other hand, Turkey—or, at least, elements within the state—appear to back the Islamic State.
Turkey just snatched six of its citizens from another country
The Pristina abductions are merely the latest episode of Turkey’s global purge, the government’s campaign to pursue its opponents all over the world, which began in 2014 but has accelerated dramatically since the coup attempt of July 2016. In this time, Turkey has repeatedly resorted to extralegal means to target its perceived opponents abroad.
NATO’s supreme allied commander in Europe, General Curtis Scaparrotti, said in December that he never had any reason to suspect that Turkish officers in his teams would be involved in a coup attempt. In their absence, and without their expertise, the capacity of his staff had been “degraded,” he told the Financial Times and Deutsche Welle.
Gülen calls for broadening freedoms, improvement in Kurdish rights
Well-known Turkish Islamic scholar Fethullah Gülen has encouraged the broadening of rights and freedoms of people and the improvement of ties with Kurds to restore peace and security in areas long plagued by a simmering conflict that has killed at least 40,000 people. Speaking to Rudaw, an online newspaper in northern Iraq’s Arbil, Gülen touched […]
Extraditing Gulen and other dark conspiracies
Despite his pressures, Turkish prosecutors have not agreed to write an indictment against Gulen. On the other hand, Gulen has already been tried in absentia between 1999-2008 for all the accusations now recycled and repeated by Erdogan. The Kemalist military establishment was very powerful at the time and they were almost in full control of the state but they still could not produce concrete evidence against Gulen.
Coup Commission members: Now is similar to Feb. 28 coup period
Members of the parliamentary Coup and Memorandum Investigation Commission, set up to investigate past coups, have said a number of anti-democratic moves begun after the launch of a wide-reaching corruption investigation, including the removal of thousands of civil servants and discrimination against members of a faith-based group, have said the practices are similar to what occurred in the run-up to the Feb. 28, 1997 unarmed coup.
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