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.
Turkish Islamic scholar Fethullah Gülen has said he advocates broader rights specifically in the arenas of freedom of expression and freedom of the press for journalists, including those who “unjustly” accuse him of conspiring against them. The allegations were recently voiced following the recent release of four journalists released pending trial in the OdaTV case, […]
Russian analyst: Turkey’s claim Gülen was behind envoy’s killing insult to ‘our intelligence’
Turkish President Recep Tayyip Erdoğan’s claim that US-based Turkish Islamic scholar Fethullah Gülen was behind the assassination of Russia’s ambassador to Turkey on Monday is an insult to Russian intelligence, a prominent Russian analyst said.
Fuat Avni claims Gülen-inspired schools to be closed due to fabricated auditing standards
A government whistleblower who tweets under the pseudonym Fuat Avni has claimed a new wave of police raids will be conducted on private and prep schools intended to shut them down temporarily or permanently based on fabricated auditing standards before the Nov. 1 snap election.
The Process Behind Turkey’s Proposed Extradition of Fethullah Gülen
By publicly campaigning for Gülen’s immediate extradition—before a formal request had been submitted—Turkish officials reinforced the idea that the United States is somehow protecting Gülen or resisting the extradition process. That is not true. There will be critics of any eventual decision, just as there are critics of the delay in reaching a decision. Whatever the result, both governments should communicate the decision with consideration for the long-term relationship and should operate on the assumption that the other is acting in good faith.
Mysteries, and a Crackdown, Persist a Year After a Failed Coup in Turkey
Mr. Erdogan’s own statements have also raised questions about the sequence of events. In an account posted on the president’s website, Mr. Erdogan said he was first warned of unusual military activity at 4:30 p.m. by his brother-in-law. He tried to contact Mr. Fidan and Mr. Akar around 5 p.m., he said but was unable to reach either of them.
AK Party’s Islamism
Apparently, Erdoğan has sought not only to be unrivaled within Turkey, but also to create a totalitarian country according to his religious mentality using the resources available to him. The corruption investigations remove the veil over the details of this totalitarian project.
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