“The raid on Bank Asya is a violation of the right of proprietorship and a murders the entrepreneurial spirit,” noted the president of the Confederation of Businessmen and Industrialists of Turkey (TUSKON), Rızanur Meral, in an interview with Bugün TV.
President Recep Tayyip Erdoğan has presented a distorted interpretation of an op-ed written by Islamic scholar Fethullah Gülen that was published in The New York Times, claiming the op-ed is about the takeover of the board of Islamic lender Bank Asya by Turkey’s banking watchdog.
Erdoğan’s unceasing bid to bury the bank is largely driven by his declared witch-hunt against institutions affiliated with the Gülen movement. In the latest twist to a saga, a banking watchdog ordered the state insurance fund to take over the management of the bank.
Turkey’s largest Islamic lender, Bank Asya, is demanding that the state-run Savings Deposit Insurance Fund (TMSF) return the bank’s rights to control its management following strong indications that the fund’s decision on Tuesday to take over control of the lender’s board has no legal basis and is politically motivated.
A panel discussion was organized by the Brussels-based Intercultural Dialogue Platform in the European Parliament (EP) to give information about the faith-based Gülen movement, also known as the Hizmet movement, especially within the framework of recent developments in Turkish politics.
It is deeply disappointing to see what has become of Turkey in the last few years. Not long ago, it was the envy of Muslim-majority countries: a viable candidate for the European Union on its path to becoming a functioning democracy that upholds universal human rights, gender equality, the rule of law and the rights of Kurdish and non-Muslim citizens.
Hermann says Erdoğan’s efforts to destroy the Hizmet movement are aimed at consolidating his own power and regime. “Erdoğan wants to wipe out everyone whom he sees as a rival. There are not many left to challenge him. That left the Hizmet movement as a corrective force. The movement is a danger to him.
President Recep Tayyip Erdoğan is pressing ahead with campaigning the closure of Turkish schools affiliated with the Gülen movement, also known as the Hizmet movement, inspired by Turkish Islamic scholar Fethullah Gülen, in African countries, causing a number of members of the opposition parties in Turkey to reacted against his move.
The recent terrorist attacks in Paris once more brought up the issue of how homegrown terrorism is shaping up to be one of the most striking elements of today’s terror threat, as former US Department of Homeland Security Secretary Janet Napolitano predicted in 2011.