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.
German intel expert says, based on CIA, BND reports, Erdoğan was behind failed coup
German intelligence expert and author Erich Schmidt-Eenboom has said Turkish President Recep Tayyip Erdoğan, not the faith-based Gülen movement, was behind a failed coup attempt in Turkey on July 15, 2016 based on intelligence reports from the US Central Intelligence Agency (CIA) and the German Federal Intelligence Service (BND).
Hakan Şükür’s resignation
The resignation of İstanbul deputy Hakan Şükür from his ruling Justice and Development Party (AK Party) is not an ordinary resignation. It is the most serious incident that disrupts the prestige of the AK Party in the eyes of pious voters.
Şükür’s statement about his resignation must be carefully studied. This statement explains the Hizmet movement’s perspective regarding the recent row between the government and the Hizmet community for the first time and with a clear wording.
Turkish press council condemns false reports on Gülen movement
The High Committee of the Press Council in Turkey, following an appeal by the lawyer of Islamic scholar Fethullah Gülen, has examined certain articles from the Sabah and Takvim dailies and condemned them for violating its basic principles of journalism.
Once shut down by Taliban, now Afghan gov’t plans to hand over successful Turkish Schools to Turkish Gov’t
Afghanistan president Ashraf Ghani has agreed to hand over the Afghan-Turk schools, previously run by a pro-Gulen institution, to the Turkish Education Foundation which is a governmental institution. This step has, however, not been welcomed by the affected schools. Officials of the schools have warned that the move would lead to closing the schools and damage the quality of education.
The gov’t in Turkey is committing genocide
Fundamental human rights and freedoms have been suspended in Turkey, people’s right to work, freedom of the press, the right to property ownership, the right to a defense in a court of law, the right to travel and the right to a fair trial have all been annulled while the principle of presumption of innocence has been totally disregarded. People have been subjected to collective punishment through the practice of “enemy law.”
Gulen, Erdogan and democracy in Turkey
Previously, most observers had wrongly assumed that these groups were inherent allies because of their faith-based worldview. In sharp contrast to this misperception, these groups came from entirely different pasts and political orientation, although they share a common interest in free market economy and cherished upward socio-economic mobility.
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