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.
Don’t Make A Mystic into a Martyr: Fethullah Gülen as Peacebuilder
My conclusion? He’s a mystic in the Sufi tradition of Islam. And like other famous mystics in history—notably Gandhi, or Rumi—from whom Gülen draws deeply, Fethullah Gülen is a peacebuilder. And history teaches us that peacebuilders are likely to be misunderstood, vilified, and targeted. It would be tragic if once again historical forces conspire to turn a mystic into a martyr.
Infiltrating or contributing?
None of the academics in attendance reported finding any sign of attempts by movement members to overthrow democracy or even to “grab a bigger share of the pie” for a new elite, shady or otherwise.
Auditors raid Gülen-inspired private school in Adana with police
In yet another government-backed operation targeting the Gülen movement, tax inspectors from the Finance Ministry on Saturday carried out a raid with police at a private school opened by volunteers of the movement in southern province of Adana.
Gov’t’s pressure for closure of Turkish schools abroad yields no result
The movement that started out a quarter-century ago to support education for children abroad starting with the autonomous Azerbaijani republic of Nakhchivan has now reached 160 foreign countries, with the founders of the movement and its volunteers welcomed with open arms around the world.
America Shouldn’t Give up Fethullah Gülen to Turkey
Erdoğan played the failed coup rather like Adolf Hitler used the Reichstag fire: as a fortuitous opportunity to crush critics as well as enemies. Indeed, there were suggestions that the Erdoğan government was aware of the plot but chose to allow plotters to proceed in hopes of reaping political gain.
Islamic scholar Gülen says Turkey’s graft scandal can’t be covered up
Turkish Islamic scholar Fethullah Gülen has said a recent graft scandal that has rocked Turkey for nearly five weeks cannot be covered up despite massive efforts by the authorities to weather it down and crush those who speak out on the matter.
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