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.
Middle East’s Struggle for Democracy: Going Beyond Headlines
Last month, when Hizmet representatives criticized the government-proposed legislation that calls for banning exam prep schools, Turkish and Western journalists labeled this opposition as a feud between Prime Minister Erdogan and Mr. Gulen because roughly 15-25 percent of these prep schools were founded by Hizmet participants according to various estimates. But that is an oversimplification.
Turkey’s Reichstag Fire
President Erdoğan, apparently a firm believer in the adage that a good scandal should never go to waste, authorized an immediate crackdown against so-called Gülenists. The numbers are dizzying. In less than a week after the coup attempt, the government detained 6,823 soldiers, 2,777 judges and prosecutors (including two judges on the Turkish Constitutional Court), and dozens of governors.
Gulen-linked org’s statement on Turkish Govt’s arrest of pro-Kurdish Parliamentarians
AfSV Statement on Turkish Government’s Arrest of HDP Parliamentarians Erdogan’s Persecutions Underscore Authoritarian Slide New York (November 9, 2016) – The Alliance for Shared Values is deeply concerned about the arrests of nine members of Turkish Parliament from the pro-Kurdish People’s Democratic Party (HDP), including the party’s co-chairs Mr. Selahattin Demirtas and Ms. Figen Yuksekdag. […]
Couple offering wedding feast to Syrian refugees surprised by feedback
A Turkish couple who have made their way onto major newspapers around the world for spending their wedding day feeding 4,000 Syrian refugees in the southern province of Kilis on the Syrian border have said they never thought they would receive so much positive feedback for their action.
Those not supporting Erdogan regime labelled as Gulen follower, given harsh punishment
M Behzad Fatmi, a Turkish political expert and commentator, has said that Ankara’s crackdown on Gullen followers amounts to “social and economic genocide” and asserted that the self-exiled scholar had no connection in the coup d’etat aimed at overthrowing the Erdogan regime.
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European Human Rights Treaty Faces Legal And Political Tests
ECtHR rejects Turkey’s appeal, clearing path for retrials in Gülen-linked cases
Erdoğan’s Civil Death Project’ : The ‘politicide’ spanning more than a decade
Fethullah Gülen’s Vision and the Purpose of Hizmet
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