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.
Canada’s Turkish community on edge as government crackdown continues
In the aftermath of the failed coup — and the subsequent purge of thousands of workers accused of being dissidents — Canada has seen a spike in asylum claims from Turkey. The 55,000-strong Turkish-Canadian community has also become increasingly polarized, with distrust and accusations of witch hunts against anyone deemed to be a sympathizer and supporter of the Gulen Movement.
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What does this corruption investigation has anything to do with the AKP-Gülen Movement tension? Well, the prosecutor who apparently led this investigation in big secrecy, Zekeriya Öz, is believed to be a member of the movement. Corruption is a serious matter and the real best defense would be to help bring those who are charged to justice. Meanwhile, the Gülen Movement, normally a civil society group, should help save itself from the image of secrecy and infiltration that it has been drawn into in the past decade.
Turkish Gov’t Seizes 965 Gülen Movement Affiliated Firms With $11.3 Billion Worth
Turkish Deputy PM Nurettin Canikli said on Friday that the Turkish government has seized 965 companies which were affiliated to the Gülen movement. The value of assets belonging to companies seized by the Turkish state during the ongoing state of emergency is also announced as nearly 41 billion Turkish Liras, around $11.3 billion.
An Indian professor’s reflections on Erdogan’s visit to India, crackdown on Gulen movement
There has been no evidence of any terrorist activity by the followers of Gulen in any part of the world including Turkey. In India, they have been running their institutions: schools, coaching Institutes, and dormitories for more than 15 years, but none has been accused of any kind of terrorism and crime.
Head of Azerbaijan’s Çağ Education Company denies authenticity of letter to Gülen
Enver Özeren, head of the executive board of Azerbaijan’s Çağ Education Company, has denied the authenticity of a letter he had supposedly written to Islamic scholar Fethullah Gülen about the Hizmet movement in Azerbaijan, saying that the letter is nothing more than an attempt to pull Azerbaijan into the domestic turmoil.
US intel director: Turkish purge impeding fight against ‘Islamic State’
Turkey’s purge has removed military officers who’d been key figures in the US-led fight against the so-called “Islamic State,” says US intelligence head James Clapper. He called it a setback in US-Turkish cooperation.
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