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.
Claims have been made that these multi-billion-dollar deals have generated a huge hoard of funds for Erdoğan to buy off some media outlets through proxies, hire new sets of journalists to defend his government line and even convert critical analysts with fat checks to prod them to the other side of the aisle. And these claims also explain why some media groups are conducting black propaganda against the Hizmet movement.
Erdoğan prepares for a bloodbath
Erdoğan’s ruling party has also begun issuing weapons permits to loyalists, especially through the Ottoman Youth Authority (Osmanli Ocaklari). I have previously reported Erdoğan’s appointment of former general Adnan Tanriverdi, the head of SADAT, to be his military counsel. Tanriverdi had been dismissed by the Turkish General Staff during the 1997 soft coup and appears bent on revenge against the secular order.
Leaked emails reveal Erdoğan’s son-in-law’s team fabricated news against Gülen in US
An email included in Wikileaks’ Monday publication of the leaked emails of Berat Albayrak, President Recep Tayyip Erdoğan’s son-in-law and Turkey’s minister of energy, shows that Albayrak fabricated news with pro-government people in the United States in order to defame the Gülen movement in the US media.
Lessons from Dec. 17: Who is parallel?
To prove whether the Gülen movement has a parallel structure , one has to establish that the investigations and wiretappings were not conducted within the scope of a legal investigation. If that is proven, one has to demonstrate that the police and prosecutors in charge of the investigations were receiving instructions not from the state but from sources within the movement. Both of these claims have to be proven with evidence.
Pro-gov’t daily proudly announces Gulenists put in ‘concentration camp’
Gulenists under custody as part of an investigation into Turkey’s July 15 coup attempt are kept in a “concentration camp” near Kayseri province, pro-gov’t Turkish news portal Kayseri Haber reported on Aug 13.
Who is Fethullah Gülen?
The leader of the main opposition Republican People’s Party (CHP), Kemal Kılıçdaroğlu, rightly called it “a coup against democracy” when Zaman Editor-in-Chief Ekrem Dumanlı and STV network executive Hidayet Karaca, together with a number of screenwriters and television producers, were detained on Dec. 14 on the incredible charges of founding or belonging to “an armed terrorist organization aiming to seize the sovereignty of the state.”
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