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.
Similar to what Erdogan did during the Gezi events, he is falsely accusing the Hizmet movement of being the puppet of these Western, Judeo-Christian enemies. His attempts to shut down YouTube and Twitter are telling enough for the democratic world.
Erdogan caught off guard in latest political crisis
Nobody thought Turkey’s powerful Prime Minister Recep Tayyip Erdogan would be caught so off guard — not after last summer’s Gezi Park protests — as he apparently was before the major graft probe, which involves four of his ministers, including the minister of interior and his sons. It is clear he sees a “shadow state” behind the operation and holds the Gulen movement responsible. Indications are Erdogan intends to “strike back” with a massive purge within the police.
Erdogan Moves to Shut Prep Schools in Blow to Gulen Followers
The issue is important to Gulen’s followers, who teach about 400,000 of the 1.2 million prep school students. The schools offer additional training to students preparing for exams from elementary schools to universities.
Erdogan has so far removed thousands of police officers and prosecutors on suspected ties to Gulen’s movement, while pro-government media has targeted companies for alleged links to the cleric.
Damage assessment report for Erdoğan
The wounds Prime Minister Recep Tayyip Erdoğan is suffering as a result of a war waged against the Gülen movement in connection with the corruption and bribery probe are becoming clear. Whether or not Erdoğan has become more authoritarian is now less debatable; it is a concrete fact rather than a perception.
Six heads of organized crime unit dismissed as hundreds relocated in new police purges [just after an operation against al-Qaeda]
The new relocations come as two heads of anti-terror units who conducted an operation against al-Qaeda and raids against a local branch of the Humanitarian Relief Foundation (İHH) charity were dismissed on Jan. 14.
Deported Turkish Teacher Was Denied Political Asylum, DP Calls For Independent Investigation
The Turkish teacher who was deported to Turkey on 1 January had requested political asylum, but the request was denied.
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