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.
Government circular bans Gülen followers from collecting sacrificed animal skins
A recent government circular sent to police departments across Turkey told police to seize the skins of sacrificed animals during Eid al-Adha collected on behalf of the “Fethullah Gülen terrorist organization” (FETÖ) — a derogatory term President Recep Tayyip Erdoğan and his political associates developed in order to disparage the faith-based Gülen movement, which is […]
Criminal complaint filed against media organizations publishing Gülen’s speeches
An organization called the Law and Democracy Foundation which was established by lawyer Mehmet Ali Canlı, a Justice and Development Party (AK Party) hopeful in the June 7 general election, on Wednesday filed a criminal complaint against media organizations that publish the speeches of Fethullah Gülen, a renowned Islamic scholar.
US House Foreign Affairs Subcommittee: Charges against Gülen not credible
US House Foreign Affairs Subcommittee Chairman Dana Rohrabacher said during a hearing titled “Turkey after the July Coup Attempt” in the House Foreign Affairs Committee on Wednesday that the Turkish government’s claims against a US-based Turkish scholar for masterminding the July 15 coup attempt lack substantial evidence and were not credible.
Turkish PM Erdoğan’s way worries and puzzles
Erdoğan’s political calculations for his strategy do not seem to make much sense to many. Why has he chosen to alienate the Hizmet movement now and not after the elections? Why is he even more furious with the remaining independent media than before? Is he doing all this and others to win or is this a heavy gamble, in despair, to lose or win everything?
On Gülen vs Erdogan – “And not equal are the good deed and the bad”
Martin Luther, the Christian leader who is called “the Father of the Reformation,” described two kingdoms: the kingdom of the world and the kingdom of heaven. In the contrasts between Erdoğan and Gülen, we surely see examples of this distinction.
Unlawful acts revealed in police raids on Gülen-inspired schools
Another illegal practice was revealed on Wednesday regarding police raids on schools inspired by the faith-based Gülen movement, popularly known as the Hizmet movement, on Sept. 21, as officers refused to give a copy of the police report of seized items to school authorities despite demands by the institution’s lawyers.
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