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.
Parents react to auditor, police raid of Hizmet-inspired school
In yet another government-backed operation targeting the Gülen movement (Hizmet movement), four tax inspectors from the Finance Ministry and a number of police officers conducted a raid on Saturday at a private school affiliated with the movement in the southern province of Adana, leading to protests from parents of the school’s students.
Why are they becoming terrorists?
Whatever the reason or the motivation for the horrible terrorist attacks in Paris, it is obvious that it is against the basic principles of Islam and should be strongly condemned by Muslims throughout the world.
Hizmet and self-criticism
Fethullah Gülen stated a few days ago that he made a mistake by supporting the Justice and Development Party (AKP) during the 2010 referendum campaign. Even though, as of today, I do not think that supporting the constitutional amendment package was wrong in itself, it seems that this package has paved the way for the AKP’s growing semi-despotism.
President Erdoğan envies the Hizmet according to prominent columnist
Subsequent to the corruption probe the AK Party had denied the charges, blaming the Hizmet movement accusing it of orchestrating the probe. “This is when the antagonizing rhetoric started,” according to Alkan. President Erdoğan has in fact openly vowed to bring down the movement and anyone it perceives as being affiliated with it.
[Political Scandal a la Turca] What is happening in Turkey right at this moment?
Responding to the allegation that the Hizmet community is behind the investigation, and to a broader one suggesting that the Hizmet movement is fighting the AKP government, both Mr. Gülen himself and the Journalists and Writers Foundation (GYV), based in İstanbul, denied any such motivation or involvement. Furthermore, they invited the state authorities to prove those allegations, and take legal action if any evidence is found substantiating them. Mr. Gülen’s lawyer condemned and rejected the allegations as an attempt to divert public attention away from the massive bribery scandal and defame his client.
A bridge from the US to the Turkic world
Arzu Kaya Uranli I was at the third convention of the Turkic American Association (TAA) and the Turkish Confederation of Businessmen and Industrialists’ (TUSKON) mutual event: the annual Turkic American Convention (TAC) in Washington, D.C., last week. The event started with a cruise on the Potomac River on Tuesday evening then continued all day long […]
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