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.
Erdogan Moves to Shut Prep Schools in Blow to Gulen Followers
The issue is important to Gulen’s followers, who teach about 400,000 of the 1.2 million prep school students. The schools offer additional training to students preparing for exams from elementary schools to universities.
Erdogan has so far removed thousands of police officers and prosecutors on suspected ties to Gulen’s movement, while pro-government media has targeted companies for alleged links to the cleric.
Turkey’s Witch-Hunt Against the Gülen Movement Should Stop
The relationship between AKP and Hizmet fell apart in late 2013 after allegations of corruption were made against the Erdogan government by an allegedly “parallel structure” within the state and supposed shadow fifth column controlled by the Gülen Movement.
Erdoğan’s overarching purge is not a road accident
The purge of the Hizmet Movement is what the Kurdish question was to Kemalism, a necessary tool with which to construct a new national identity, a tool to silence those who question it, and to design a social and political system that will foster it. Unfortunately, Turkey has no chance of going back, even to its fragile and dysfunctional democracy, without this narrative being completely rejected.
Reactions snowball after PM likens Hizmet members to Hashishin
According to Nationalist Movement Party (MHP) deputy Özcan Yeniçeri “The Hashishin was a separatist organization that inflicted great damage on the Turkish nation. Their purpose was to divide the nation and disrupt peace. The Hizmet movement, on the other hand, is a civilian initiative that strives for Turkey not to be divided and for youths not to fall into the hands of the terrorist PKK. For us, the real Hashishin are the separatists. If the prime minister is looking for a Hashishin, he should look into the mirror,”
33rd Abant Platform: whither Turkey?
In his speech at the opening of the first session, Prof. Seyfettin Yuksel said: “If it had been said a few years ago that we would be discussing ‘Turkey’s direction’ in the coming years, none of us would have believed it. We were sure about Turkey’s direction.” Unfortunately, nowadays Turkey’s direction is seen as uncertain, and the country has strayed not only from its foreign policy but also from democratic norms and the rule of law in its domestic policies. Here are my notes from the conference.
TUSKON says systematic campaign of defamation under way
The Turkish Confederation of Businessmen and Industrialists (TUSKON) has criticized what it calls a “systematic campaign of defamation against the business conglomerate,” stressing that its business activities, which help contribute to the Turkish economy, should be welcomed.
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Don’t forget! The real agenda is corruption, theft
