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.
In a recently leaked voice recording, which was not denied by those involved in it, Erdoğan’s son, Bilal, tells his father that an operation should be launched against the Hizmet movement. All these incidents indicate that the ruling party has used and will use laws in accordance with Erdoğan’s plans. Thus, a group cannot be destroyed solely with mass killings. It can be destroyed also with unfair and unlawful practices by passing specific laws, as we saw in many cases in the past.
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