Gov’t attack on Bank Asya taints Turkey’s image

Bank Asya
Bank Asya


Date posted: October 15, 2014

FERHAN KÖSEOĞLU / PARIS

Attempts by the Turkish government to sink Bank Asya have tainted Turkey’s image, according to French-based Institute for Research on the International Economy expert Deniz Ünal, speaking to the Cihan news agency on Tuesday.

Since the Dec. 17 corruption investigation Bank Asya has been subjected to a series of government-led attacks because of the lender’s affiliation with the Islamic scholar Fethullah Gülen-inspired Hizmet movement.

“This is the other Turkey that scares me. Behind this there are attacks upon the legal system, which seem to be getting worse. This will negatively impact the economy,” said Ünal. “There was no indication that Bank Asya was heading in a bad direction. All of a sudden Bank Asya was discussed in a very negative light and this created a problem. It is clear that they are trying to close the bank for ideological purposes,” he said.

Ünal emphasized that the attempt on behalf of the government to sink Bank Asya could strongly dissuade foreign investors from investing in Turkey. “From outside it looks very bad, and from within [Turkey] it surely doesn’t look so good either,” he said.

Meanwhile, in a statement on Tuesday, Bank Asya announced that numerous media organs are publishing false reports on the bank’s financial situation to intentionally distort the Bank’s image, and that such reports do not reflect the reality.

Source: Today's Zaman , October 14, 2014


Related News

Refugees from Erdogan’s Turkey seek to make a new life in Germany

Murat spent six months in a Turkish prison, followed by a considerable time in hiding after his release. As soon as he could, he made good his escape to Germany. As a trained lawyer and legal adviser to an influential association, he had a good life in his home country, living with his family in an upmarket area.

Cyber attacks on news websites threaten freedom of press, expression

Starting mid-February, the Radio and Television Supreme Council (RTÜK) has been severely penalizing a number of news TV channels known for their anti-government broadcasts. Those channels, which include Samanyolu Haber TV and Bugün TV, were mostly penalized on the grounds that their programs were biased. The channels have been broadcasting reports about claims of corruption and bribery that have implicated some government members.

Turkish coup d’état: a failed test for the EU

Once the purges started, however, the game changed. The EU should oppose the purges as a symptom of an authoritarian turn and attempt of centralization of power by the ruling elite. By definition, a coup d’état is an illegal overthrow of the governing machine in place so to trigger a regime change. The response to a golpe by the ruling government should then be used as an opportunity to consolidate the power of the legitimately elected administration and give evidence of national unity.

EU’s Flautre says PM Erdoğan’s harsh words against Hizmet not acceptable

Hélène Flautre, the co-chairwoman of the EU-Turkey Joint Parliamentary Committee, has criticized Turkish Prime Minister Recep Tayyip Erdoğan’s harsh rhetoric against the Hizmet movement, saying that Erdoğan’s use of labels such as “traitor,” “virus” and “assassin” are simply not acceptable.

Is the AK Party turning into the old CHP?

Foreign Minister Ahmet Davutoğlu and EU Minister Mevlüt Çavuşoğlu had attributed the EU and global media’s criticisms of the AK Party administration’s mistakes to the Hizmet movement.

Crackdown on journalists leaves void in post-coup Turkey

That is down in large part to the gutting of Turkey’s independent press. More than 115 journalists have been imprisoned and hundreds more fired since the July 15th coup attempt, while 130 media outlets have been shuttered. That, in addition to the sacking of more than 1,000 media workers in the previous 12 months, has left crucial questions unanswered. Put simply, there is no one left – or willing – to overturn the stones on which the failed military takeover was built.

Latest News

Fethullah Gülen’s Condolence Message for South African Human Rights Defender Archbishop Desmond Tutu

Hizmet Movement Declares Core Values with Unified Voice

Ankara systematically tortures supporters of Gülen movement, Kurds, Turkey Tribunal rapporteurs say

Erdogan possessed by Pharaoh, Herod, Hitler spirits?

Devious Use of International Organizations to Persecute Dissidents Abroad: The Erdogan Case

A “Controlled Coup”: Erdogan’s Contribution to the Autocrats’ Playbook

Why is Turkey’s Erdogan persecuting the Gulen movement?

Purge-victim man sent back to prison over Gulen links despite stage 4 cancer diagnosis

University refuses admission to woman jailed over Gülen links

In Case You Missed It

Gülen media, pro-government media, is it the same thing?

Operation against whom?

The Persecution of the Hizmet (Gülen) Movement in Turkey: A Chronicle

Elizabeth Munisoglu on Hizmet Movement

Lessons from Dec. 17: Who is parallel?

Uganda president praises Turkish schools’ success, calls for deeper cooperation

Losing rationality in politics and the economy

Copyright 2024 Hizmet News