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.
Erdoğan using hate speech against Gülen movement, says MEP
Prime Minister Recep Tayyip Erdoğan’s accusations against a faith-based movement led by Turkish Islamic scholar Fethullah Gülen amidst a corruption scandal are both uncalled for and amount to “a kind of hate speech” that has the risk of sparking violence against the group, a senior member of the European Parliament has said.
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.
An AKP-neo-nationalist axis?
Emre Uslu, 14 March 2012 Turkey’s foremost thinker, Etyen Mahçupyan, in the Zaman daily, underlined an interesting rapprochement between the Justice and Development Party (AKP) government and the neo-nationalist (Ulusalcı) camp in Turkey. Mahçupyan listed a number of indicators to provide evidence for his argument. Indeed, the indicators he gives are worrisome and show possible […]
Turkey requests extradition of Fethullah Gülen but not for coup attempt, says US
The US has confirmed it has received a formal extradition request from Ankara for the Turkish cleric Fethullah Gülen, but not over the July coup attempt the Turkish authorities has accused Gülen of orchestrating.
Efforts to accuse Hizmet movement of conspiracy failed, says lawyer
With the courts continuing to release police officers arrested in government-backed investigations, the lawyer of one of these officers says the court decisions have shown that the government is failing to demonstrate that the faith-based Hizmet movement was behind efforts to overthrow the government.
Turkey’s tryst with democracy (1)
All of Erdoğan’s recent acts reflect a serious deficit of democracy in the ruling government. These acts include making bogus claims of a parallel structure; targeting institutions linked to Fethullah Gülen’s Hizmet movement; embark on a massive reshuffle of thousands of officials without any reasonable grounds; changing the structure of the Supreme Board of Judges and Prosecutors (HSYK) to subjugate the judiciary; openly interfering in the media; strengthening the National Intelligence Organization (MİT) and bringing it under the direct control of the prime minister; banning Twitter and YouTube; and speaking with a threatening, bullying and polarizing tone.
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