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.
When The Last Barricade Falls: Remembering Unlawful Takeover Of Turkey’s Largest Daily – Zaman
On March 4, 2016, exactly one year ago today , hundreds of riot police officers fired rubber bullets and gassed loyal readers of Turkey’s best-selling daily when they stood vigil on the sidewalk across the newspaper’s offices to peacefully protest the news of impending the unlawful takeover of Zaman newspaper.
Turkey’s tryst with democracy (2)
The anti-Hizmet moorings of the Erdoğan-led AK Party were present since the formation of the AK Party government in 2002. It is evident from the “secret deal” signed between the military establishment and the Erdoğan government concerning the profiling of Hizmet volunteers that led to the crackdown on Hizmet.
Turkey overshadows war-hit Syria in number of academics seeking asylum elsewhere
The New York-based Scholar Rescue Fund, a part of the Institute of International Education (IIE) has received an unprecedented number of requests for help, its director Sarah Willcox told an audience at the European Association for International Education’s annual conference, held in Liverpool from 13 to 16 September, Times Higher Education (THE) reported.
When lawlessness becomes a way of life
Erdogan also accused the movement of being behind several recent audio recordings posted on various social media networks that disclosed several conversations allegedly between himself and his son Bilal Erdoğan discussing how to get rid of large sums of money cached in their homes and those of their relatives.
Abrupt gov’t decision to revoke status of Kimse Yok Mu draws criticism
Turkey’s leading charity, Kimse Yok Mu (Is Anybody There), had its right to collect charitable donations abruptly rescinded on Tuesday, in what seems to be an arbitrary decision made during a Cabinet meeting, prompting harsh reactions from volunteers, lawmakers of the opposition parties and representatives of other civil society groups.
Almost 1,000 officers removed from post in İzmir, Ankara
Around 700 police officers, including four deputy chiefs and 70 high-ranking officials, were removed from their posts at the İzmir Police Department and reassigned to different positions on Thursday morning and removals continued later in the afternoon with 207 more officers
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