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.
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Aysun Aydemir, an English teacher who gave birth to a baby in an elective caesarean procedure, was detained at the hospital and subsequently arrested by a court and put in pretrial detention with a 3-day-old baby in Zonguldak province as part of a witch-hunt targeting the Gülen movement.
PM threatens business, media and civic groups amid corruption woes
In several veiled references to the Hizmet movement, inspired by Turkish Islamic scholar Fethullah Gülen who has been critical of the government for trying to derail the corruption investigation, the prime minister claimed that the operation was orchestrated by “gangs” and a “parallel state.”
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Twitter shouldn’t let itself become a tool for tyrants
Journalists have been in Mr. Erdogan’s crosshairs, and his campaign is pushing into the digital universe, too. Turkey is pressing Twitter to silence journalists, and Twitter must resist more vigorously. Twitter is a powerful force for free expression. “The tweets must flow,” the company likes to say. But they don’t always flow, as freedom of speech and democracy are in retreat around the globe.
Kimse Yok Mu to distribute 90,000 food packages during Ramadan
The Kimse Yok Mu (Is Anybody There) charity foundation will be offering aid packages to 90,000 families in all the 81 provinces during the holy month of Ramadan. The fasting month of Ramadan, deemed the sultan of all the months by Muslims, is considered the most venerated, blessed and spiritually beneficial month of the Islamic […]
Wedding gifts will help build dorm and water wells in Tanzania
Ubeyd and Nurefşan Yeşil donated the gifts presented at their wedding to the Hizmet in Tanzania. Almost $40,000 value donation will be used in the construction of a college dormitory and water wells.
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