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.
Terrorist Bahoz Erdal calls on families to protect their children from the Gulen Movement!
“Bahoz Erdal” code-named Fehman Hussein, who represents the most bloody wing of the PKK terrorist organization and the organization’s Syrian wing, directs preposterous accusations to the Gulen movement and the police. He claims that the movement entraps Kurdish children and brings up them as spies. Bahoz argues, “They [the movement] recruit Kurdish kids at their […]
MEP: International investigation into Turkey’s rule of law needed
Schaake stated: “The separation of powers is under immense pressure in Turkey and the rule of law is not upheld. This crisis also impacts the relations between the European Union and Turkey, because measures taken, such as political intervention with the judicial branch, are not in line with European rules. The independence of the judiciary has been a concern for Europe for much longer.
Plot to discredit Gülen makes its way into espionage indictment in Germany
Wiretapped phone conversations among three Turkish suspects that were included in an indictment prepared by the federal attorney-general of Germany against them over charges of espionage have revealed that the suspects plotted a plan to defame the renowned Turkish-Islamic scholar Fethullah Gülen.
Police raid Gülen-inspired schools in Adana despite ministry regulation
The Adana Police Department early on Thursday coordinated with inspectors from several ministries and other institutions to conduct raids on private schools, dormitories and prep schools established by volunteers inspired by the Gülen movement, despite regulations stating that only the Education Ministry may perform such inspections.
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How will it end? Erdogan has beaten Hizmet decisively. But he is planting the seeds for his own destruction. How and when he will fall remains unclear. Meanwhile, on the international scene, Turkey is rapidly becoming a pariah. The country itself is now his primary victim.
Chicago organization welcomes new scrutiny amid fallout of failed Turkish military coup
“The Hizmet movement has nothing to hide,” Alexander said. “We’re hoping people can learn more about it. Since Gulen is being accused of this, there will be greater scrutiny of the Hizmet movement, and we invite that scrutiny.”
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