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.
Former Turkish President Gül denies having any relationship with the Gülen movement or Fethullah Gülen but history tells…
In his answers, Gül denied having relations with neither the Gülen movement nor Fethullah Gülen. But, history tells the opposite: Gül attended many activities of the Gülen movement; he even hosted, in his official residence, students of Turkish schools from many countries during a Turkish Language and Culture Olympiad.
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Erdoğan has recently been verbally attacking everyone, including even his own allies. In his most recent statement he threatened Islamic preacher Fethullah Gülen, saying that his government “will reach your caverns and tear you into pieces.
Former US envoys to Ankara say Erdoğan doing great harm to democracy
“Whatever his achievements over the past decade, Turkey’s prime minister, Recep Tayyip Erdoğan, is destroying his country’s parlous democracy. That is a profound problem for Turks and Turkey’s Western allies. Staying silent, out of fear that speaking out would harm some short-term interests, risks Turkey’s longer-term stability.”
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After The Coup Attempt, A Crackdown In Turkey
Once considered a beacon of hope for the Middle East, Turkey has been rapidly backsliding on issues of democracy, freedom of the press, and human rights. One would have thought this downfall hit bottom on July 15, when a bloody coup was attempted, leaving behind more than 250 dead.
Land of Private high school declared green space
The İstanbul Metropolitan Municipality (İBB) recently declared a piece of land on which a private high school had been being built to be a green space. The high school is a branch of Fatih Koleji, a private institution affiliated with the Hizmet movement inspired by Islamic scholar Fethullah Gülen.
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