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.
Turkey will hurt own interests if gov’t shuts down Kimse Yok Mu
Former Director for East African Affairs for the US State Department Professor David Shinn said in an interview, “If the government of Turkey is trying to shut down Kimse Yok Mu (Is Anybody There) it would seem to be a case of hurting its own interests in Africa.”
CSOs slam smear campaign against Hizmet, call on PM to stop hate speech
A large-scale dark propaganda campaign has been conducted by some circles close to the Justice and Development Party (AK Party) government against the Hizmet movement and Gülen, particularly since a corruption scandal erupted in December of 2013 in which three Cabinet ministers’ sons, many state bureaucrats and also well-known businessmen were implicated.
The Gulen Movement Is Not a Cult — It’s One of the Most Encouraging Faces of Islam Today
How will it end? Erdogan has beaten Hizmet decisively. But he is planting the seeds for his own destruction. How and when he will fall remains unclear. Meanwhile, on the international scene, Turkey is rapidly becoming a pariah. The country itself is now his primary victim.
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Nowadays, most articles about Turkey, Erdogan and Gulen have a default sentence: “Erdogan and Gulen were former allies”. It is said and written so many times that eventually became a fact. However, the reality is not that simple.
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Questions to challenge the primary and unjustified premise: What judicial (or other) process determined that these corruption investigations were a coup attempt against the government? What proof or evidence do you have to support this most serious claim? What disciplinary process did you undertake to determine that the people that were purged were members and culprits of this ‘coup’? In the absence of evidence and disciplinary process how did you determine these people’s association with Hizmet? When is government corruption not a judicial coup? How can you have the right to unilaterally determine the intent and purpose of these ongoing judicial investigations when your government is implicated in them? If your government can purge over 7,000 police officers (and thereby affect and prevent these investigations) without evidence, due process or disciplinary procedure, do you not set a precedent for every future potentially corrupt government to follow?
US professor urges Washington not to extradite Gülen to Turkey
An American professor from Columbia University has urged Washington not to extradite Turkish Islamic scholar Fethullah Gülen to Turkey, noting that attacks on Gülen are part of a pattern to silence dissent.
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