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.
In August 2017, the news outlet TR724 revealed that there are 668 children under the age of six in Turkey’s prisons. 149 of these children are under twelve months old, and there are many others under the age of eighteen. These statistics are even more appalling when one considers the horrible prison conditions and extent of torture in post-coup Turkey.
Erdoğan’s accusation that Hizmet organized the coup attempt is noxious and absurd
The name of that “terrorist organization” was not spoken, but Ökem was referring to the so-called Fethullahçı Terör Örgütü. To the rest of the world, it’s the Hizmet movement founded by Fethullah Gülen, a former close and important ally of Erdoğan. No one else sees it as violent. Erdoğan’s accusation that it organized the coup attempt is noxious and absurd.
Closing down prep schools and calling it ‘transformation’
BÜŞRA ERDAL, İSTANBUL Describing the government’s plan to close down the prep schools as a “transformation” is nothing more than saying, “I’m not going to say ‘close down prep schools,’ but I’m going to close them down.” The draft law in question will affect millions of students and their parents, but the debate on prep […]
Turkey’s post-revolutionary civil war
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.
Fethullah Gulen’s stance on democracy 1994-2016
Mr. Gulen has reiterated his clear stance on democracy, in the wake of the coup attempt in Turkey. Here is what he had said back in June 1994: “I believe, from now on, both in Turkey and in the rest of the world, there will we no going back from democracy.”
Turkey could find itself facing hefty legal bill for mass purges
In 2006, the European Court of Human Rights (ECHR) ruled that Turkish citizen Osman Murat Ulke, who refused to perform compulsory military service as an act of civil disobedience, had been subjected to “civil death” due to the numerous prosecutions he faced after his original jail sentence. Ulke’s expulsion from his profession and the prospect of an interminable series of convictions, which forced him into hiding, constituted a “disproportionate” punishment, the court said.
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Abundant accusations [against Hizmet], little evidence
