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.
What would Carl Schmitt say about Turkish politics today?
The Hizmet movement has been identified as a “domestic enemy” collaborating with foreign forces and legal and political channels were used as a tool to deal with this “enemy” after the corruption scandal became public. Thousands of policemen were reassigned and the government has taken important steps to place the Supreme Board of Judges and Prosecutors (HSYK) under the control of the executive branch, which is totally at odds with rule of law.
Foes on the Run as Erdogan Makes Power Personal
Members of the Gulen religious movement insist they are innocent of plotting against President Recep Tayyip Erdogan of Turkey, but he has chased them into the shadows, and they fear for their lives and livelihoods. At the same time, Mr. Erdogan has increasingly made himself the face of Turkey’s state, and now he is seeking more authority to rule.
Parents: Pak-Turk institutions’ control should not be transferred
Pak-Turk International’s Parents and Teachers Association (PTA) on Tuesday stressed against transferring the institutions’ control to other organisations as it will affect the future of its 1500 teachers’ future along with 10,000 students enrolled in 28 schools, colleges. The spokesman urged that if the government found any one from these schools involved in illegal practices, it should take strict action against him.
German spy agency chief says does not believe Gulen behind Turkey coup attempt
The Turkish government has failed to convince Germany’s BND foreign intelligence agency that U.S.-based cleric Fethullah Gulen was behind last summer’s failed coup in Turkey, the BND head told a German magazine.
Parents react to auditor, police raid of Hizmet-inspired school
In yet another government-backed operation targeting the Gülen movement (Hizmet movement), four tax inspectors from the Finance Ministry and a number of police officers conducted a raid on Saturday at a private school affiliated with the movement in the southern province of Adana, leading to protests from parents of the school’s students.
Where is Turkey going? (2)
Gülen movement supports a critical approach as a fundamental aspect of knowledge and faith. Furthermore, it considers science and mathematics to be especially necessary to a devout Muslim fulfilling his religious and civil duties and to improve the economic situation of his family and community.
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
Benin seeks development with investments of Turkish enterprises
Three political risks that Turkey might be exposed to
Municipality shuts down three reading halls in Adıyaman
Turkish businesswomen building orphanage in Burundi
Who wants peace?
Mother of three arrested with baby as police fail to locate teacher husband
Der Spiegel: Turkish embassies pursuing Erdoğan critics in 35 countries
