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.
The bizarre, phantom-like failed coup d’etat staged against Erdoğan’s increasingly brutal regime on July 15 last year saw him seize the opportunity to exterminate, imprison and purge tens of thousands of his enemies, real and imagined, within all strata of civil society, the military, government, media, education, health, the judiciary and other institutions.
Fethullah Gülen: ‘I don’t have any regrets’
You insist your movement is peaceful, not political. But multiple sources tell me that Hizmet has a dark side — where individuals are carefully groomed to enter government and related professions with the intent of an ultimate takeover. Is this true? If not, is it possible that these sorts of activities are happening without your knowledge?
The Dutch Turkish community must speak out about the anti-Gülen violence
Labour MP Ahmed Marcouch calls on Turkish-Dutch organisations to speak out about violence and intimidation and to build bridges instead. There’s a silence and it’s hurting my ears. It’s the silence that surrounds the violence against the Gülen supporters. What happened to the organisations normally so quick to ask for protection against intolerance? Where are […]
Debunking The Gülen-Erdoğan Relationship
Yes, at one time, there had been rapprochement and mutual support, but reality and history show that such an alliance has long been overstated. The truth is, Erdoğan and Gülen only came together when Erdoğan’s stated goals reflected deeply held beliefs by Gülen. As is often the case, perception is mistaken for reality. Gülen is not Erdoğan’s biggest threat, nor was he his chief ally.
A Very Predictable Coup?
First of all, though it is not a major issue, none of us believes that Gulen was behind the coup. It is convenient for Erdogan to blame his principal opponent because it will facilitate the arrests of any and all opponents not linked to the actual coup by claiming that they are Gulenists.
[Part 2] Islamic scholar Gülen says he cannot remain silent on corruption
The Islamic scholar Fethullah Gülen , who inspired the Hizmet movement, a world-wide network active in education, charity and outreach, also stated that the government must provide evidence to back up its accusations.
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