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.
Nurullah Albayrak, the lawyer of Islamic scholar Fethullah Gülen, has appealed the decision of the İstanbul 1st Penal Court of Peace to issue an arrest warrant for Gülen, citing illegality.
‘Well, you were saying Hizmet is a religious movement?’
The Hizmet movement is considered a civil society organization, an indispensable element in democratic societies. In democracies, elections truly matter. The will of voters is indisputably important. However, there is also another power, called public opinion. They influence the parties and administrations.
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Seventy-six babies have been born stateless in the last three months because Turkish diplomatic missions are denying consular services to people allegedly linked to the faith-based Gülen movement according to a report released by the Netherlands-based Institute on Statelessness and Inclusion (ISI) on Monday.
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President Recep Tayyip Erdoğan’s televised remarks on Wednesday night suggesting that the witch hunt against members of Gülen movement will show no sign of abating under the new government has drawn condemnation from opposition political parties.
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