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.
Thousands of orphans and needy people around the world whose lives depend on the aid they receive from charities such as Kimse Yok Mu (Is Anybody There?), the largest volunteer and global aid organization based in Turkey, are at risk of being affected by the Turkish government’s restrictions on the charitable association.
Hizmet Movement is not interested in attaining political power in Turkey or elsewhere in the world
[Erdogan] has called Hizmet a state within a state, which to me is a strange characterization. To me, that’s like saying that the Catholics are a state within a state in America, or the Jews, a state within a state in America. Those kinds of statements are derogatory, they’re pejoratives. Catholics have a right to seek influence in America; Jews have a right to seek influence in America, that’s how we operate here.
Turkey’s ‘black box’ must be opened
The recent debate on tutoring centers and private prep schools and the shocking revelations on the dirty warfare used in the 1990s against the Kurdish population are certainly parts of this pressure-cooker-like mood. It is obvious that “Erdoğan’s Way” of running the country is based on keeping tension just under control, so that it will serve his own ambitions to cement personal power.
Extraditing Gülen: A smart move for the PM?
In the latest salvo in his battle for his political life, the Turkish prime minister has started to threaten to bring U.S.-based scholar Fetullah Gülen back to Turkey to face a possible criminal case for his alleged role in what the premier called a “civilian coup plot” attempt. In legal terms, there has been no legal investigation or arrest warrant for Gülen.
Gülen says abusive language to cover up sins is hypocrisy
Turkish Islamic scholar Fethullah Gülen has strongly criticized abusive language and remarks within pro-government circles insulting members of the Hizmet movement, saying this kind of behavior is hypocritical and is being employed to cover up their own sins.
U.S. Judge Tosses Suit Against Reclusive Muslim Cleric
Turkey’s government funded the civil suit against Fethullah Gulen as part of a crackdown on the cleric and his movement by PresidentRecep Erdogan. A federal judge on Wednesday dismissed a lawsuit alleging that a reclusive Muslim cleric in Pennsylvania orchestrated human rights abuses in his native Turkey, ruling the claims didn’t belong in U.S. courts.
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