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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New Level of Witch Hunt: Relatives are Targeted in Turkey
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Critics of the ruling AKP expect it to sell Gulen-linked companies to government allies in the business world at a large discount. In mid-October the AKP-linked Metro Holding applied to the TMSF to acquire all of Koza Ipek Holding’s shares. Akin Ipek, the fugitive former owner of the conglomerate, asked on Twitter how Koza Ipek’s $600 million in cash and $20 billion in mining assets could be acquired by a comparatively unimpressive entity. Metro Holding’s capital comes to just over $95 million.
Journalists and Writers Foundation’s statement [on arrest warrant issued for Mr. Gulen]
It is a well-known fact that then-Prime Minister Recep Tayyip Erdoğan had sent Bülent Arınç to Mr. Fethullah Gülen to give him the message, “We are ready to do anything you want us to do,” and that he had called on Mr. Gülen to return to the country to “put an end to homesickness” in the witness of tens of thousands of spectators in a stadium.
3 detained Turkish educators and their families handed over to Turkey by Gabon
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The Hizmet movement and external forces
Fethullah Gülen Hocaefendi and the Journalists and Writers Foundation (GYV) make statements on behalf of the Hizmet movement. Even the GYV’s statements can hardly be considered as binding for every individual who is inspired by the Hizmet movement and who participates in different projects in a different manner as the Hizmet movement does not have a central organization or membership mechanism.
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