Erdogan going after Gulen’s Bank’s Shareholders
posted by Christopher W Holton The Erdogan regime in Turkey is going after the Gulen organization’s shariah-compliant Bank Asya’s shareholders. This is the latest financial aspect of the ongoing campaign that Erdogan is waging on Gulen. Erdogan and Gulen were never best of friends but at one time their animosity de-escalated to the point of […]
This incident is part of the continued conflict between the Gulenist movement and the Erdogan regime… Turkey has struggled to leave a mark during its first few months of leadership of the Group of 20 (G-20), the world’s most economically developed countries, amid midnight police raids on the country’s largest Islamic bank, administrative pressure on […]
It’s no secret that there is an intense rivalry brewing in Turkey between Prime Minister Erdogan and followers of the shadowy Islamist philosopher Fethullah Gulen. Now, apparently as part of that rivalry, government regulators are targeting the Gulenist bank, Bank Asya, one of Turkey’s largest Shariah-compliant banks… http://online.wsj.com/articles/turkey-risks-setting-dangerous-precedent-says-bank-asya-ceo-1410265889?tesla=y&mg=reno64-wsj&url=http://online.wsj.com/article/SB10001424052970203523604580143520692111124.html
The secretive Gulen Islamist movement has a media arm counted in its large, well-financed empire. Hurriyet Daily News is one component of that media empire. It’s not surprising that Hurriyet is at the forefront of fawning articles about the rise of “Islamic” banking in Turkey… http://www.hurriyetdailynews.com/islamic-banking-is-no-more-a-step-child.aspx?pageID=238&nID=67054&NewsCatID=346
Categories
Archives