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.
Gülen had been charged after the military coups in 1971 and 1980, and again in the late 1990s. Gülen was acquitted of the charges three times.
A new Exilic Community: The Hizmet Movement
After the alleged military coup that failed, the Islamic-rooted government forced hundreds of thousands of faith-based community members out of Turkey, causing a massive diaspora of Turkish citizens (deprived, however, of their citizenship) around the world.
Inside Turkey’s Purge
The police officers came to the doctor’s door in Istanbul at 6 a.m. and one of them said, “You are accused of attempting to kill President Erdogan.” The doctor couldn’t help it; he laughed. “Really? I did that?” The police officers smiled, too. “Yes. Also for attempting to destroy Turkey and for being a member of a terrorist organization.”
Ongoing political raids against schools and businesses are unconstitutional
Inspectors from the tax, finance, fire, social security, environment and urbanization, food, agriculture and husbandry bureaus were brought to the school with Smuggling and Organized Crime Police while the students were in session. Such raids have occurred repeatedly across the educational institutions’ branches, along with other schools, on an almost daily basis.
Fethullah Gülen’s dialogue and tolerance discourse parallels Gandhi’s
Sudheendra Kulkarni, the head of the India-based Mumbai Research Foundation, has said there are parallels between the views of Mahatma Gandhi and Fethullah Gülen. Kulkarni talked to students from the Faculty of Theology at Marmara University, discrediting the misconception that Gandhi was against technology. Kulkarni described his new book, “Music of The Spinning Wheel,” and obscured characteristics of Gandhi as the protagonist of his book.
Amnesty: Civil society under massive crackdown in Turkey, Gülen movement main target
An annual report released by Amnesty International on Wednesday has said a failed coup attempt in July prompted a massive crackdown on civil society in Turkey and that the faith-based Gülen movement has been the main target.
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