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.
Open Letter to the Islamic Society of North America (ISNA)
While known as a devoted organization to aim providing insights, affirmations, and appreciation of Muslims in North America, which would hopefully replace prejudicial, arrogant, dialectical confrontation towards the Muslims in North America, with mutual respect and dialogical encounter, it is so sad to see ISNA supporting an initiative to demonize another Muslim society which aims to promote Islam and mutual understanding and tolerance between cultures all over the world.
The demise of Turkish democracy
A total of 84 American foreign policy experts have written a bipartisan letter to US President Barack Obama, expressing concern that Prime Minister Recep Tayyip Erdoğan’s autocratic actions and demagoguery are not only subverting Turkey’s political institutions and values but also endangering the US-Turkey relationship.
AKP official: Let sacked public servants eat tree roots
The Justice and Development Party’s (AKP) Isparta branch head, Osman Zabun, has said the civil servants who have recently been dismissed from state institutions over alleged links to the Gülen movement can go and “feed on tree roots” if they don’t want to starve to death.
Gov’t criticized for forcing scientific researcher to alter report
Claims by the former head of a scientific research agency who was dismissed a day after his public remarks that he was forced to make changes to a report that was part of an investigation into bugging devices found at the prime minister’s office have triggered a harsh reaction against the government.
Turkish NGO in Cambodia Denies Links to Terror
The Mekong Dialogue Institute (MDI), a Turkish NGO based in Phnom Penh, on Monday denied any links to terrorism, although the organization was inspired by Fethullah Gulen, the man accused by the Turkish government of being behind last month’s failed coup in Turkey.
After The Coup Attempt, A Crackdown In Turkey
Once considered a beacon of hope for the Middle East, Turkey has been rapidly backsliding on issues of democracy, freedom of the press, and human rights. One would have thought this downfall hit bottom on July 15, when a bloody coup was attempted, leaving behind more than 250 dead.
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