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.
The followers of Gülen have opted to vote for and support various center parties freely. Moreover, their support has never amounted to partisanship. Rather, they have tended to back specific policies and the political parties that placed greater emphasis on democratization, demilitarization, transparency, accountability, fundamental rights and freedoms and economic stability.
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U.S., Turkey at impasse over extraditing Muslim cleric living in Poconos
Turkey says the United States is legally bound by a treaty to immediately hand over Fethullah Gulen, the Poconos-based Muslim cleric it accuses of plotting to overthrow Turkey’s government.
Fethullah Gülen’s photo
A religious cleric, currently a popular figure who frequently appears on TV, once told me a sad anecdote.
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The National Intelligence Organization (MİT) recently sent a document in which all religious communities and groups within state institutions, described as “parallel state structures” (PDY) in the document, were cited as the main target to be monitored in 2014, the Taraf daily claimed on Friday. Analysts are concerned that the government’s attitude may take the form of a witch hunt that will undermine democracy.
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