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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The value of immovable properties including dormitories, real estates and schools that the government has confiscated as part of its clampdown against Gülen movement so far, totals around TL 15 billion or $4.9 billion, according to Environment and Urban Planning Minister Mehmet Özhaseki.
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Turkish President Recep Tayyip Erdogan’s recent attack on the West for “hate speech” and misattributing terrorism during the Paris attacks is ironic. Erdogan is erroneously doing both already: labeling the Gulen movement a terrorist organization and using hate speech to characterize it. In fact, Erdogan is cracking down on religious groups more heavily than ever before.
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The xenophobic feelings towards minorities, vulnerable groups, opposition figures and foreigners in today’s Turkey are being charged by country’s authoritarian leader Recep Tayyip Erdoğan who spews hate speech effectively every day, giving rise to discrimination and stigmatization of millions of people in Turkey and around the world.
Police wait at hospital to detain cancer patient
An anonymous Twitter account aiming to share human rights violations in Turkey announced on Saturday that police in Ankara were waiting at a hospital to detain a woman who is undergoing chemotherapy.
Turkey’s New Constitution Would End Its Democracy
In practice, a revised constitution would make it much easier for Erdogan to consolidate power entirely, taking Turkey out of the democratic column and making it into a dictatorship, pure and simple.
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The main Turkish opposition party has accused the ruling Justice and Development Party (AKP) of having prior knowledge of the failed July 15, 2016 putsch, saying Ankara carried out a “controlled” coup in an attempt to exploit its outcomes.
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