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 probe, which many predicted to be the end of the Justice and Development Party (AKP), has become a war of perception. If you google “graft,” “bribery” or “corruption” in Turkish, you will see the focus has already shifted to a concept so far unheard of in Turkish politics (the “parallel state”), reassigning public prosecutors and police officers to different posts, condemning all sorts of “disinformation” and changing laws governing the structure of the judiciary.
Hizmet school ready to pioneer education in Kurdish
Following the decision to allow education in languages other than Turkish in private schools, as part of the democratization package recently unveiled by Prime Minister Recep Tayyip Erdoğan, a private school run by Gülen movement volunteers said it is ready to start education in Kurdish once such a law is introduced.
Don’t be fooled by Hizmet conspiracy theories
The March 31 opinion article by London-based attorney Robert Amsterdam (“Why should Turkish cleric Fethullah Gülen operate charter schools on US Military bases?”) that appeared on The Hill’s Congress Blog was as flawed in content as it was in character. In his piece, Mr. Amsterdam, a henchman for the Turkish government who has made a […]
Was there a sincere alliance between the Gulen Movement and Erdogan?
NRT correspondent Huner Anwer interviews Fethullah Gulen in his Pennsylvania residence ask the crucial question on alliance between the Gulen Movement and Erdogan. Gulen says, briefly, there has never been sincere alliance between them but the movement supported Erdogan as long as Erdogan stayed in line with democratic values and honored rule of law.
Le Monde: Ankara offered Senegalese government $7.5 million to transfer Yavuz Selim educational group to Maarif
“I don’t even know who Gülen or (Turkish President Recep Tayyip) Erdoğan are,” mother Oury Mbaye told the website following reports her child’s school could be handed over to the Turkish government-controlled Maarif Foundation. “If they are imposing managers on me that have no experience in education, I will transfer my children to a French school. I did not choose Maarif.”
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