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.
Swoboda accuses Erdoğan of using Hizmet movement as a pretext
Socialist leader Hannes Swoboda asked “You were still supporting the Hizmet movement a year ago. Now you use the movement as an excuse for halting reforms. Why do you see them as a danger to Turkey now?”
Sources said Swoboda made it very clear that the EU was very concerned about the state of the rule of law in Turkey. “We are very concerned about the rule of law and the separation of powers, especially the independence of the judiciary,” he stressed.
The tragic end of the witch hunt
Several claims and accusations have been voiced, and the Hizmet movement has been described as a gang and a “parallel structure,” Are these accusations based on concrete evidence? No. Fabricated news published by pro-government media outlets, unfounded accusations and slanderous claims that are legally null and void have been refuted one by one. However, the pro-government media does not care about this, since they do not care in the least about rights or the rule of law.
Gülen’s letter to Gül
Koru told Gülen to express his feelings in a letter. The scholar wrote this letter on Dec. 22. Koru took the letter to its addressee, the president. He met with the prime minister the same day in Ankara and told him about his impressions from his contact with Gülen. I mean to say, there is not “bargaining” or “mediation.” There is only a “goodwill initiative” here.
Bank Asya shares skyrocket after trading resumes
The Islamic bank has been in the spotlight since Turkish media reported that state-owned companies and institutional depositors loyal to Prime Minister Recep Tayyip Erdoğan had withdrawn TL 4 billion ($1.8 billion), or some 20 percent of the bank’s total deposits, because the bank’s founders include sympathizers of cleric Fethullah Gülen, a former-ally-turned-critic of Erdoğan.
Alleging Gülen supported coups is huge distortion of truth
24 April 2012 / TODAY’S ZAMAN, İSTANBUL The Journalists and Writers Foundation released a statement on Tuesday in response to various allegations circulating in the media that Fethullah Gülen, a well-respected Turkish Islamic scholar, supported the Feb. 28, 1997 unarmed intervention, dismissing such claims as a major distortion of the truth. The statement, posted on […]
Washington mute as Turkey spying allegations cause outrage
Washington has refused to either confirm or deny allegations that its security intelligence agency had been involved in spying on top-level Turkish officials, while Turkish critics fear it could make the country’s security vulnerable, if the allegations are true.
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