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.
Monday Talk with Michael Rubin on Trump, Iran and Turkey
There is a rule-of-law in the United States and a process which the president simply does not have the power to short-circuit. If Gulen is turned over, however, I suspect relations will get worse because the extradition will convince Erdogan that blackmail and bluster work.
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Justice Minister Bekir Bozdağ’s recently rehashed allegations that Turkish Islamic scholar Fethullah Gülen planned to return from the US to Turkey in a way similar to Iran’s revolutionary leader Ayatollah Ruhollah Khomeini are decades-old discredited claims that have been refuted time and again by Gülen himself in his published statements.
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2014: a difficult year?
Turkey’s political life has entered a zone of turbulence. Some people were already accusing the governing team of being time worn, which is only normal after 11 consecutive years in power.
13 criteria Erdogan regime uses to determine Gulen supporters are terrorists
Dr. Ismail Sezgin of the Centre for Hizmet Studies in the UK highlights the 13 criteria, based on Turkish PM Binali Yildirim’s statement, to identify Gulen supporters, who the regime considers terrorists. The arrests and purge in Turkey are made according to these criteria. Dr. Sezgin explains that these are nothing to with coup-plotting or terrorism. With these criteria the government of Turkey can anyone and this is what has been happening in Turkey.
Islamic scholar Gülen calls for ‘reasonability’ in prep school row
Islamic scholar Fethullah Gülen has called on the government to act “reasonably” in its plan to close test prep schools, adding that they were the ones receiving a “slap,” in a veiled reference to a statement from Prime Minister Recep Tayyip Erdoğan. You have to defend it without making concessions in the language you use,” Gülen said in an apparent message to members of the “Hizmet” [Service] movement.
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