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.
The Turkish prime minister has decided that if he continues to be angry and vengeful, his power will be cemented. In his latest address in Parliament, he pushed his angry discourse to higher — or lower — levels, to make clear that he will not forgive and he will punish. Since he has chosen the Hizmet movement as the enemy, all he wants to do is inflict harm, regardless of on who or what.
US prosecutor denies any links to Gülen, says never set foot in Turkey
Responding to allegations from Turkey’s President Recep Tayyip Erdoğan, who accused US Attorney for the Southern District of New York Preet Bharara of being a sympathizer of the faith-based Gülen movement, Bharara said he has just learned Turkish Islamic scholar Fethullah Gülen’s name from Google and has never been to Turkey.
Rule of law(lessness) in Turkey?
It turned out that I was overly optimistic, for I did not want to believe that a prime minister who bravely fought the old, authoritarian establishment in the people’s name for years could have changed so much, adopting just the same behavior we were subjected to in the past. I had thought that those bitter experiences were only a distant memory. Unfortunately, I was wrong — terribly so.
Turkish-Armenian intellectual says failed coup staged to purge Gülen followers
Turkish-Armenian linguist and writer Sevan Nişanyan, who escaped from a prison in İzmir in July, shared his take on a failed coup in Turkey last year, saying it was staged in order to cleanse the Turkish military of followers of US-based Turkish Islamic scholar Fethullah Gülen.
Corruption scandal will consolidate Turkish democracy
” When all the dust settles in the aftermath of corruption, money laundering and racketeering involving higher-ups in the ruling Justice and Development Party (AKP), we will have the chance to lay the foundation for a democracy by consensus, which is the only way to rule a large country like Turkey with a relatively young population and rising middle class.”
Erdogan’s parallel state in Kosovo functions despite PM Haradinaj
More importantly, is there any role played by President Hashim Thaçi who is known to be very close to the Turkish government? After all, it seems that Turkey’s Erdogan has a parallel state in Kosovo that executes decisions without the the knowledge of the incumbent prime minister and minister of foreign affairs.
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