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.
GYV gathers politicians, diplomats at iftar dinner in Turkish capital
“Ramadan is a time of compassion and mercy. In these blessed days, when patience and tolerance prevail, we once more remember love, peace, modesty, cooperation and living for others,” Gülen’s message said.
Another AK Party deputy, Muhammed Çetin, resigns in protest
Çetin reportedly asked AK Party deputies Volkan Bozkır and Ali Aşlık about their shoebox numbers. His joke prompted other deputies to tell the incident to the party administration, which outraged with the joke and referred Çetin to the disciplinary committee with request of expulsion.
Can Erdoğan finish off the Gülen movement?
In other words, this is not a power struggle but a one-sided attack by an increasingly authoritarian leader on a civil society movement critical of the way government rules the nation.
In this asymmetrical fight, the Hizmet movement has nothing to lose. It is composed of individuals who are dedicated to doing something that they believe is for the good of humanity.
Gulen turns coup accusations on Erdogan
Fethullah Gulen, the man blamed by President Recep Tayyip Erdogan of orchestrating the attempted military coup that rocked Turkey, has tried to turn the accusation against his political rival by suggesting that Mr Erdogan’s ruling AKP party had staged the uprising.
Is There ‘The Cemaat’ Under Every Stone?
Ilıcak reaches her conclusions based on fact, using interviews, official documents, interviews and other hard evidence to make her point. Her book is a valuable source of information, especially for those who have only read texts from Fethullah Gulen’s opponents. In understanding an issue, it’s imperative to hear both sides of the story.
Gradual transformation of Turkey into an authoritarian entity under Erdogan’s leadership
As Erdogan moved on the Islamic path of authoritarianism with political ambition of becoming of leader of Muslim world, it has adversely impacted the stability of Turkey — both internally and externally. By crushing the Gulen movement it undermined the Islamic ideational resources needed most to fight Islamic terrorism.
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