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.
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“The Hizmet movement has nothing to hide,” Alexander said. “We’re hoping people can learn more about it. Since Gulen is being accused of this, there will be greater scrutiny of the Hizmet movement, and we invite that scrutiny.”
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The ongoing purge leaves no room for doubt that the Turkish government is ready to go to any lengths to eliminate the Gülen movement. The current rise in homegrown Islamist radicalization is another sign that Turkey’s social fabric is undergoing a noxious change. The major effect of this change has been damage to the traditional mainstream understanding of Islam in Turkey.
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