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.
Turkey needs a new constitution to save its democracy
Until recently Turkey was seen as an example of a country that prospered while maintaining a democratic government run by observant Muslim leaders. No longer. A small group within the government’s executive branch is holding to ransom the entire country’s progress. The support of a broad segment of the Turkish public is now being squandered, along with the opportunity to join the EU.
Today is another Human Rights Day, but atrocities persist | Opinion
One such case is the experience of thousands of Turkish people under the Erdogan regime after the failed coup attempt in July 2016. Soon after the coup attempt, Erdogan’s regime launched a crackdown on opponents and critics, detaining thousands of journalists, rights activists, lawyers, teachers and writers for their alleged involvement in anti-state activities.
The story of the boy who cried wolf
The Sabah newspaper greeted the news of the 10-hour National Security Council (MGK) meeting with the headline “Parallel structure added to red book.” But this was, of course, a complete lie. For a long time now, Recep Tayyip Erdoğan has been indicating that the Hizmet movement — which he refers to as the “parallel structure” — would be officially added to the National Security Strategy Concept Paper as a “domestic threat.” This is a part of his personal vendetta and Erdoğan has kept up this propaganda war even as president of Turkey.
Islamism is dead!
The Justice and Development Party (AK Party) is a political party; for this reason, it views the Islamic references it relies on as political ideology. The Gülen movement, on the other hand, is a social movement that mobilizes religiosity and uses it as a source of energy.
Yeni Asya editor: Erdoğan kept strategy to finish off Gülen movement secret
President Recep Tayyip Erdoğan, who launched an all-out war against the faith-based Gülen movement in late 2013, kept his strategy to eliminate the group a secret until he decided to sever ties with it completely, Yeni Asya daily Editor-in-Chief Kazım Güleçyüz has said, adding the elimination strategy was state-sponsored.
Erdoğan rewards the killers of Gülenists
The rule of law and the independence of Turkey’s judiciary, in lower courts in particular, have been seriously compromised since the failed coup in July 2016.
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