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.
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‘Erdoğan signed MGK decisions to curb Gülen movement that Ecevit resisted’
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In new incursion, Turkey orchestrates rushed extraditions from Kosovo
Kosovo is at a crossroads: It can either entrench the rule of law and progress with Euro-Atlantic integration by investigating matters like the recent extradition, the financing of Turkish corporate acquisitions and the operations of TIKA — or it can succumb to Erdogan’s Islamist and anti-Western agenda.
Government as a black propaganda machine
In an effort to distract public opinion from the graft probe and the alleged involvement of the prime minister and his inner circle in corruption, Erdoğan has been conducting psychological warfare. Considering the Hizmet movement responsible as the force behind the investigation, Erdoğan declared the movement an enemy.
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