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.
Someone placed a bugging device to wiretap the prime minister in a room that was being placed under constant surveillance. What is easier than catching the perpetrators behind this? Who entered and left the room should have been recorded. This incident took place in 2011 but as of now, this still remains unresolved and the Hizmet movement is being blamed for it.
Advisor’s claim has potential to accelerate AK Party’s downfall
Amid a deepening high-profile corruption scandal that has seriously damaged the government’s reputation, a claim made by a senior advisor to Prime Minister Recep Tayyip Erdoğan has the potential to bring the military back to the political scene, carrying the risk of accelerating his party’s downfall from power.
Rule of law casualty of AKP-Gulen conflict
The AKP government thinks that by labeling corruption investigations and operations as a “coup” and calling those behind them as “parallel state” that it has found a justifiable way to interfere with the judiciary. Otherwise the government would not have submitted a draft bill to the parliament that totally eliminates the functional independence of the judiciary bureaucracy and promotes the minister of justice, who represents the executive branch, to the status of single decision-maker.
Gov’t’s hate campaign against Kimse Yok Mu draws condemnations
Various segments of the society, including politicians, volunteers and legal experts, continue to express frustration at a recent government decision to remove the status of public interest of Kimse Yok Mu, the largest volunteer and global aid organization based in Turkey.
A destructive option for Turkey takes shape
It is a “parallel state,” Prime Minister Recep Tayyip Erdoğan claims, and the movement gets help from its die-hard loyal media, as well as some leftist-secular circles and even from abroad. Such diversion on this issue helps him buy time, water down the content of accusations and divert attention.
Portrait of an Anatolian Muslim with no schooling*
It seems like this season is a season for losing fathers. Yesterday, like many friends around me, I too lost my father. All fathers are great, but mine was different, an extraordinarily good person. He had a finger in every innovation that was brought to the village. Although he never went to school, he could speak and write in Ottoman and [modern] Turkish. He would read history books for the curious in the house.
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