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.
Denying the corruption accusations that brought his party under a disconcerting spotlight, Turkish Prime Minister Recep Tayyip Erdogan has been lamenting press attempts to “throw the mud and see if it sticks.” He indirectly accused the judiciary of being taken over by the Fethullah Gulen religious movement, as well as acting as a subcontractor to foreign powers who, out of envy for Turkey’s political and economic success, manufactured this corruption plot to finish him off just as they tried to do at the Gezi Park protests in June.
Military coup documents contain plans to prevent works of Hizmet movement
MUSTAFA GÜRLEK, İSTANBUL Documents retrieved from the General Staff hard disks also feature plans to prevent the works of the Hizmet movement (a.k.a Gulen movement), inspired by the renowned Turkish Islamic scholar Fethullah Gülen. In the documents, the General Staff’s Information Support Unit discussed how to bring the financial sources of the Hizmet movement under […]
Prosecutor files criminal complaint against Gülen for seeking legal rights
Ankara Public Prosecutor Cevat İşlek has filed a criminal complaint against Turkish Islamic scholar Fethullah Gülen for seeking to bring a lawsuit against Akşam daily columnist Emin Pazarcı for insulting him.
Erdoğan isolates himself in power
Erdoğan is picky about journalists escorting him on board his official plane; he doesn’t like to see journalists asking annoying question around him anyway, but this time the criteria became really narrow. Umut Oran, Deputy Chairman of the main opposition Republican People’s Party (CHP) asked the prime minister about his criteria, since Erdoğan excluded most popular papers like Hürriyet, Zaman, Posta, or critical ones like Sözcü, Cumhuriyet, Radikal, and whether the travel expenses of journalists from pro-government papers would be covered on the government budget.
The Guardian view on Turkey’s repression: stop this stalemate
Turkey’s western allies are alarmed, but against a complex geopolitical backdrop, they have chosen discretion rather than valour. After the EU parliament last week voted to freeze EU accession talks with Turkey, Mr Erdoğan lashed out by threatening to open the country’s borders to migrants heading to Europe. This is tantamount to blackmail.
Defamation campaign against Hizmet condemned by CSOs from across country
A large-scale dark propaganda war is being 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 renowned businessmen accused of giving bribes in exchange for favors were implicated.
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