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.
History of politically motivated assault on Bank Asya
The politically motivated operation aimed at taking over Bank Asya is one that has unfolded step by step, marked by public statements from President Recep Tayyip Erdoğan as well as other top Justice and Development Party (AK Party) officials.
UN to Turkey: Free and Compensate Gulen-linked Detainees
Turkey must release two men detained over suspected links to a cleric blamed for a 2016 coup attempt and pay them compensation for arbitrary detention, a UN body said on Wednesday.
US-based Muslim cleric Fethullah Gulen, the man blamed by Turkey for a failed coup attempt a year ago, on Friday again denied any involvement in what he called a “despicable putsch,” and called on Ankara to end its “witch hunt” of his followers.
Yet another woman detained due to Gülen links shortly after delivery
Sultan Çetintaş, who gave birth on Monday to her third child in the Turkish province of İzmir, was detained on Tuesday over alleged links to the faith-based Gülen movement. Çetintaş was taken to the courthouse with her one-day-old baby after undergoing a C-section.
Mr. Gülen’s felicitous advice on Kurdish issue, freedoms
BÜLENT KENEŞ The interview Mr. Fethullah Gülen, a well-respected Turkish-Islamic scholar, gave to Rudaw, an online newspaper in northern Iraq’s Arbil, resounded powerfully in the Turkish media. I must note that it would be wrong to analyze the views Mr. Gülen expressed in this interview within the scope of the developments that have occurred in the wake of […]
Turkey, The great purge – Four lives upturned by Erdogan’s ‘cleansing.’ Episode 2 – Mehmet
Following the July 15, 2016, coup attempt, Erdogan promised to “cleanse” Turkey of a “virus” that has plagued its state institutions. That cleansing has been primarily directed at two organisations: the PKK and the Gulen movement. But the crackdown on both organisations began long before the July coup attempt.
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