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.
While the government works to finish off the Hizmet movement, it may even call for the expulsion of the US ambassador from the country. The real duty of Halkbank is to act as Iran’s opening door to the world, and the US blockade has been violated for years. We learned that the pro-government media is allergic to shoe boxes [money used in alleged bribery was found in shoe boxes in one of the suspects’ homes].
Turkish president approves closure of schools run by Erdogan rival
Turkish President Abdullah Gul approved on Wednesday a law closing private preparatory schools, many of which are a source of income and influence for an Islamic cleric accused by Prime Minister Tayyip Erdogan of seeking to topple him.
Why is the Hizmet community alone?
Some people I have talked to recently have started to ask the following question, which is also discussed on social media from time to time: Why is the Hizmet community still alone even though it is clearly on the right track?
Turkish coup d’état: a failed test for the EU
Once the purges started, however, the game changed. The EU should oppose the purges as a symptom of an authoritarian turn and attempt of centralization of power by the ruling elite. By definition, a coup d’état is an illegal overthrow of the governing machine in place so to trigger a regime change. The response to a golpe by the ruling government should then be used as an opportunity to consolidate the power of the legitimately elected administration and give evidence of national unity.
Bosnia rejects Turkey’s extradition request for journalist over Gülen links
The Justice Ministry of Bosnia and Herzegovina has put an end to Turkey’s persistent efforts to have a journalist living exile extradited to Turkey on trumped-up terrorism charges, setting a strong precedent for other Turkish citizens resident in Bosnia who are being harassed and threatened with prosecution in Turkey.
Gulen Accuses Erdogan of ‘Hijacking’ Kosovo Deportees
Fethullah Gulen, the Turkish preacher who has lived in voluntary exile in the US since 1999, on Tuesday criticized the deportation of six Turkish citizens from Kosovo to Turkey in an operation conducted by Turkish state intelligence, likening it to a hijacking.
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