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.
Who is Fethullah Gulen? (by National Catholic Reporter)
By blaming Fethullah Gulen and the Gulen movement for the coup attempt, Mr. Erdogan’s authoritarian tendencies have only increased as witnessed by the tens of thousands arrested and detained, and the radical curtailing of free speech. It now appears that in Mr. Erdogan’s hands Turkey’s future and that of the Middle East will be less democratic, less stable and more tumultuous than ever.
Municipality illegally demolishes building in İstanbul
Workers from the İstanbul Metropolitan Municipality have demolished a small, prefabricated shelter on land that belongs to the Hizmet-affiliated Mehtap Education Foundation, despite the lack of official permission to carry out the demolition.
Cabinet bans charity Kimse Yok Mu from collecting donations
The Taraf daily ran a story arguing that the Justice and Development Party (AK Party) government planned to remove Kimse Yok Mu’s public interest status, which would prevent it from collecting donations. The report argued that the proposal was pending with the Cabinet, expecting it to take effect before the Eid al-Adha holiday.
Jailed journalist facing new trial for not calling Gülen movement a terror organization
Journalist Emre Soncan, who has been behind bars for 20 months, is facing a new trial for not describing the Gülen movement as a terrorist organization. Soncan, 36, used to work for Turkey’s best-selling Zaman daily, which was closed down by the Turkish government in the aftermath of a failed coup attempt on July 15, 2016 due to its links to the Gülen movement.
Gülen to file lawsuit against PM Erdoğan over defamation campaign
Turkish Islamic scholar Fethullah Gülen plans to file a lawsuit against Turkish Prime Minister Recep Tayyip Erdoğan for an endless smear campaign and slander, accusing Erdoğan of pursuing a concerted effort to foment animosity and hatred in society through the use of hate speech in rallies, meetings and TV interviews, Gülen’s lawyer said late on Friday.
Coup attempt in 2016 was Erdoğan’s Reichstag fire
The failed coup attempt on July 15, 2016 in Turkey and the infamous Reichstag fire in Germany in 1933 had many similarities, with both allowing the leaders of those countries to amass more power to oppress their opposition, journalist Can Dündar said in his commentary for German Radio Cosmo on Thursday.
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