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.
22 businessmen sue PM Erdoğan over Hashishin remarks against Hizmet
Dr. Mahir Şahin, one of the plaintiffs, made a statement in front of the courthouse and argued that the people who follow the Hizmet movement, known as the “Cemaat” (community), are openly being targeted by publicly associating them with the corruption probe that broke out on Dec. 17.
‘I feel like I have been buried alive’: families live in fear and isolation as Erdoğan leads a witch-hunt
The crackdown on possible coup plotters has since been turned into an all-out witch-hunt not only against alleged Gülen sympathisers but also leftists, Kurds and anyone critical of the government.
What is lacking in democratization package is democracy itself
This time’s so-called democratization package to soon be submitted to Parliament is an overt effort to make judicial proceedings nearly impossible if the consent of a governor or one of their deputies has not been granted. A prosecutor who wants to start an operation will first go to the governor (read: the government) in order to get a license to use law enforcement bodies in any sort of operation. This move is not only against democratic norms and the principles of transparency and the rule of law, but is also a clear reflection of a defensive mechanism in light of mounting corruption and graft claims surrounding senior government officials.
Nigerian govt demands immediate resolution from Turkey
The Federal Government of Nigeria is demanding an explanation and immediate resolution following the deportation of almost 50 Nigerian students at the Ataturk Airport in Turkey. Just after the coup, the Turkish Government had requested that 17 Turkish schools be closed down for their ties to the Gulen Movement and the Nigerian Government didn’t accept it.
Witch-hunts in Europe
Hate-filled language, such as “dirty water mixed with the milk,” “we will enter their dens” and “hashashin,” all uttered by the prime minister as part of his hate speech against the Gülen movement, was also a method employed during the witch-hunts in medieval Europe.
More evidence Erdogan behind coup
While the narrative voiced by Erdogan and echoed by the Turkish press blamed Gülen exclusively, many Turks and diplomats quietly harbored suspicions that Erdogan planned and staged the coup himself as a Turkish equivalent of the Reichstag Fire. That may once have sounded like a fringe conspiracy, but increasingly it seems the likely genesis of events last July.
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