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.
Central bank data disprove interior minister’s rigging claims
Ala’s remarks were widely interpreted as a reference to Bank Asya, a participation bank affiliated with the Hizmet movement, which the government has tried to scapegoat through conspiracy theories to evade corruption allegations. Some news stories broke soon after Ala’s claims, reporting that Bank Asya’s accounts were being scrutinized for misconduct.
Hate speech creates new opportunities for Hizmet movement
The effects of the ruling party’s persistent hate speech against the Hizmet movement on non- Hizmet groups can be examined by dividing the groups into two categories: conservative groups and other groups.
Proof of the ‘parallel state’
Referring to a news story that appeared in the pro-government media about unfounded allegations about the police, Bülent Arınç, the second man in the ruling Justice and Development Party (AK Party), had said, “A dignified person should not speak without evidence.” Arınç’s words are now being used by opposition parties to criticize the prime minister.
AK Party gov’t treats critical letters, columns as ‘treachery’
In an attempt to defame the Hizmet movement inspired by Islamic scholar Fethullah Gülen, the Turkish government and its media outlets have presented letters sent by civil society representatives affiliated with the faith-based movement to foreign officials providing them with information about the situation in Turkey as “treachery.”
Islamic scholar Gülen criticizes Turkish gov’t response to Gezi protests
Gülen said he had heard of Turkish officials’ efforts to “undermine Turkish schools abroad” which are run by his movement in many countries across the world. “Unfortunately, this appetite for destruction pushes all fair limits. These schools were established through the great self-sacrifice of the people of Anatolia,” he said.
Erdogan critic calls jailing of his mother and brother ‘perverse’ and ‘politically motivated’
A high-profile critic of the Turkish government has described the jailing of his 75-year-old mother and brother to a combined 91-year sentence as “ludicrous” and “perverse”. Akin Ipek said the ‘human rights abuses’ against his family were unacceptable in any civilised country.
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