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.
Ongoing political raids against schools and businesses are unconstitutional
Inspectors from the tax, finance, fire, social security, environment and urbanization, food, agriculture and husbandry bureaus were brought to the school with Smuggling and Organized Crime Police while the students were in session. Such raids have occurred repeatedly across the educational institutions’ branches, along with other schools, on an almost daily basis.
‘Escape from Turkey’ recounts stories of post-coup crackdown victims fleeing Turkey
A recently published book titled “Escape from Turkey” tells the first-hand story of two people who were forced to flee the country to avoid a crackdown launched by the Justice and Development Party (AKP) government on Gülen movement members following a failed coup in 2016, local media reported on Monday.
Lessons from Dec. 17: Who is parallel?
To prove whether the Gülen movement has a parallel structure , one has to establish that the investigations and wiretappings were not conducted within the scope of a legal investigation. If that is proven, one has to demonstrate that the police and prosecutors in charge of the investigations were receiving instructions not from the state but from sources within the movement. Both of these claims have to be proven with evidence.
Operation and crossroads: Hizmet movement falsely accused
The delicate position in which the government now finds itself is real, but it is also a fact that the Hizmet movement is being falsely accused.
Those who support the Justice and Development Party (AK Party) and are affiliated with the Hizmet movement do not deserve such an outcome.
Truth and reconciliation in post-Erdoğan era
One way to repair the damage dealt by the Erdoğan government in the last couple of years and to provide some form of closure for the dark period of Erdoğan’s third term in government is to set up a truth and reconciliation commission. Without discounting the role of the criminal justice system, a truth commission can be utilized in a complementary role to help citizens move on with their lives in Turkey after colossal wrongdoings in the government.
Turkish PM heads to Brussels for tough talks with EU
Although the prime minister argues that an ongoing corruption and graft probe engulfing his own ministers is simply a plot hatched by an “illegal gang” that he describes as “parallel state” operated by Fethullah Gülen, a cleric in self-exile in the U.S., EU officials have made clear that such rhetoric has not been bought in Brussels.
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