Feb 19 2018

Money in Bank Asya classed as supporting terrorism

Turkey’s Supreme Court of Appeals has ruled that money deposits to now-defunct Bank Asya besides being evidence of membership to the Gülen movement, which the Turkish government claims were behind the 2016 coup attempt, could also be submitted as evidence of "aiding and abetting a terrorist organisation." 

Bank Asya, a Turkish bank that had been tied to the controversial Gülen movement by the Turkish government, and is considered by Turkish authorities to be founded and operated by Gülen members. Following the 2016 coup attempt, Turkish Banking Regulation and Supervision Agency (BDDK) cancelled Bank Asya's banking permissions and closed the bank down.

Overseeing former school teacher's indictment, Supreme Court of Appeals ruled that money deposits to Bank Asya in 2014, former teachers only link to the movement, could be submitted as evidence of ties to the organisation.  The court ruled that bank accounts could also be submitted as evidence of "aiding and abetting a terrorist organization," a crime punishable by decades behind bars.

Turkish government blames the movement for the July 15, 2016, failed coup and calls it FETO, short for the alleged Fethullahist Terror Group, while the latter denies involvement. However, the government’s post-coup crackdown against the movement has included those who had studied at Gulen schools and who had had bank accounts at Bank Asya, and who had made banking transactions at Asya.