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 is at a pivotal point in its history following the failed coup attempt of July 15. President Recep Tayyip Erdogan, having survived the coup plot, won fresh legitimacy and gained a new ally: religious fervor in the streets. Mr. Erdogan can use this impetus either to become an executive-style president, or he can encourage the forces of religion to take over the country, crowning himself as an Islamic leader.
‘Erdoğan signed MGK decisions to curb Gülen movement that Ecevit resisted’
Democratic Left Party (DSP) Chairman Masum Türker has said that controversial decisions made by the National Security Council (MGK) to curb the activities of the Gülen movement were ignored by former Prime Minister Bülent Ecevit in 2000 but signed by then-Prime Minister Recep Tayyip Erdoğan on Aug. 25, 2004.
MHP asks gov’t how many state officials reassigned after graft scandal
Since the widespread corruption and bribery investigation became public, thousands of police officers have been reassigned or removed from their posts because of alleged links to the Hizmet movement, inspired by the teachings of Turkish Islamic scholar Fethullah Gülen. In addition to the thousands of police officers, the government has replaced the prosecutors who initiated the investigation as well as dozens of officials at various state institutions, including public prosecutors’ offices.
Turkish people upset that democratic progress is being reversed: Islamic scholar Gülen
The Turkish people are upset that democratic progress has gone into reverse over the last two years, Islamic scholar Fethullah Gülen has said, speaking in his first interview since the graft probes that have damaged the government and widened the rift between his movement and the ruling Justice and Development Party (AKP).
Gülen’s lawyer appeals arrest warrant
Nurullah Albayrak, the lawyer of Islamic scholar Fethullah Gülen, has appealed the decision of the İstanbul 1st Penal Court of Peace to issue an arrest warrant for Gülen, citing illegality.
Purge-victim man sent back to prison over Gulen links despite stage 4 cancer diagnosis
Yusuf Özmen, a cancer patient who has been sentenced to 8 years, 9 months in prison due to his alleged links to the Gülen movement, has recently been sent back to prison after the supreme court of appeals upheld the prison sentence.
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