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.
Neither Erdoğan nor his bureaucrats could convince the public that their plan was educational, and not an attempt to punish the Hizmet movement. Gül, Arınç and several of Erdoğan’s ministers couldn’t stop Erdoğan, who started a war against the Hizmet movement and even directly attacked Fethullah Gülen by taking remarks Gülen made about the headscarf ban 15 years ago completely out of context.
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The motive behind Maarif Foundation is to use it as a tool to pressurize African countries to transfer ownership of Hizmet movement linked schools to the Maarif Foundation since the request for the closure of these schools were turned down for lacking in merit.
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“The extent of this operation is far beyond the reach of the cemaat [the Hizmet movement],” [“The extent of this operation is far beyond the reach of the cemaat [the Hizmet movement],” Famous Turkish investor Nasrullah Ayan said. He thinks, rather, that powerful international groups could have pulled the trigger or provided technical support to the probe. He pointed to the fact that the operation was launched after the agreement between Iran and the P5+1 nations in Geneva — which gave Iran partial relief from a harsh regime of
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Mr. Erdogan’s own statements have also raised questions about the sequence of events. In an account posted on the president’s website, Mr. Erdogan said he was first warned of unusual military activity at 4:30 p.m. by his brother-in-law. He tried to contact Mr. Fidan and Mr. Akar around 5 p.m., he said but was unable to reach either of them.
US ambassador story concocted by gov’t team, claims daily
Reports appearing in pro-government newspapers accusing US Ambassador to Turkey Francis Ricciardone of remarks regarding a major graft probe were manufactured by government teams, according to the Taraf daily on Wednesday.
On Saturday four pro-government dailies ran the same story claiming Ricciardone had told a group of European ambassadors that the US had asked Turkey to cut the Iranian financial link with Halkbank — a bank that is now accused of suspicious money transfers, as well as gold trading, with Iran.
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