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.
Hizmet movement lent full support to the AK Party in connection with critical issues such as the lawsuits against Ergenekon — a clandestine organization nested within the state trying to overthrow or manipulate the democratically elected government — and the e-memorandum of April 27, 2007.
Former Turkish officer at NATO: Coup attempt was never meant to succeed
A former Turkish officer who served at NATO headquarters in Brussels but was sacked and recalled to Turkey as part of an investigation into a failed coup on July 15 claims that the putsch was clumsily executed and never intended to bring down the government, but rather served President Erdoğan to eliminate his opponents.
Erdoğan: both asset and liability for AKP
“Very few people in Turkey could deny that the Justice and Development Party (AKP) government under the leadership of Tayyip Erdoğan has made a tremendous and positive transformation in the country. Now, he is on it again with his insistence on trying to close down tutorial centers that belong to the private sector. Everybody knows that with this he is trying to punish the Hizmet movement, which has resisted pledging absolute loyalty to him.
Gülen asked government to be more careful on the language they use: Deputy PM Arınç
Islamic scholar Fethullah Gülen asked the Turkish government to be more careful in regional and international issues during his visit, Deputy Prime Minister Bülent Arınç said May 22 in an interview with public broadcaster TRT. Arınç had meeting with Gülen, who lives in a self-imposed exiled in Pennsylvania, on the sidelines of Prime Minister Recep […]
Asylum for Fethullah Gulen Movement Supporters?
Gulen movement supporters who have been persecuted or who fear persecution in their home country due to an association with the movement should qualify for a grant of asylum in the U.S. on the basis of both religion and political opinion. Even those who are not closely associated with the movement, but who fear persecution because the government falsely accuses them of involvement, should have strong cases for asylum.
Parallel hearts…
It is unfair to accuse a movement whose only goal is to win hearts of seizing the state through bureaucracy. It destroys the world of the Anatolian people who are now holding hopes that they would be able to deal with their fate in the world. The goal and purpose of the Hizmet movement is not to create a parallel structure; its goal is to establish parallel hearts and a universal chorus of peace.
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