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.
Plot against Gülen movement in tatters as suspects confess to false testimony
New testimony in a court case incriminating the faith-based Gülen movement indicates that police and prosecutors had pressured suspects to make false statements against the movement, revealing that the case was actually a plot developed by political authorities to taint the movement.
Money trail in corruption case
The fact that the government practically stalled the investigation with a major reshuffle of the judiciary, police, watchdog agencies that track money, and finance and banking activities, while pushing emergency laws through Parliament to prevent further investigations and leaks, casts a shadow on how far the Erdoğan government had gone in these dirty deals.
Global Spying Network: Erdogan’s Worldwide Monitoring of Gülen Supporters
In his desire to convince the world that Gülen is a criminal, Erdogan has been demanding that the U.S. extradite Gülen for months. That also likely explains why the Turkish government is currently collecting information from all over the world. It needs incriminating evidence in order to substantiate the allegations against Gülen.
Government media runs riot in smear campaign against Hizmet
A news article in Daily Sabah, the new, English-language member of the government’s media lineup, claimed on Monday that the police are ratcheting up measures to patch holes in their security network in order to prevent leaks by Gülenists, a derogatory term used to describe the Hizmet movement.
Hizmet and countering violent extremism
The Hizmet movement is in trouble in Turkey because of the increasingly despotic Justice and Development Party (AKP) regime’s persecution of its volunteers. But, ironically, this may be good for world peace.
Fethullah Gulen’s “old friend” detained by İzmir police despite suffering from advanced Alzheimer’s disease
An 81-year-old Turkish man, who is known as a “longtime friend of Turkish cleric Fethullah Gülen, was detained by police in the Turkish province of İzmir on Monday due to his links to the Gülen group.
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