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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Responding to allegations from Turkey’s President Recep Tayyip Erdoğan, who accused US Attorney for the Southern District of New York Preet Bharara of being a sympathizer of the faith-based Gülen movement, Bharara said he has just learned Turkish Islamic scholar Fethullah Gülen’s name from Google and has never been to Turkey.
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The US and Europe now use Erdoğan’s level of aggression against whomever he targets as an indicator to measure the degree of democratic culture of the Turks. For this reason, as Erdoğan and his government intensify their aggression, the Hizmet movement becomes more respectable and prestigious in the world.
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A recent report released by the International Crisis Group (ICG) on Turkey’s efforts to address the Kurdish issue has praised the positive role the faith-based Hizmet movement plays in the settlement process. The report, titled “Crying Wolf: Why Turkish Fears Need Not Block Kurdish Reform,” released on Monday.
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Despite a relentless crackdown against any questioning of the government’s narrative regarding what really happened during a failed coup on July 15, second-year air force student Murat Tekin’s throat was slit by an angry mob, his sister has claimed, backing up her allegation with an autopsy report.
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