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.
Monday Talk with Michael Rubin on Trump, Iran and Turkey
There is a rule-of-law in the United States and a process which the president simply does not have the power to short-circuit. If Gulen is turned over, however, I suspect relations will get worse because the extradition will convince Erdogan that blackmail and bluster work.
Turkey cooperates with smugglers to catch Gulen sympathizers seeking asylum abroad
A Turkish teacher seeking asylum in Greece claimed that Turkey has been cooperating with smugglers to hunt those fleeing the country.
Unlawful acts revealed in police raids on Gülen-inspired schools
Another illegal practice was revealed on Wednesday regarding police raids on schools inspired by the faith-based Gülen movement, popularly known as the Hizmet movement, on Sept. 21, as officers refused to give a copy of the police report of seized items to school authorities despite demands by the institution’s lawyers.
Turkey’s failed coup could worsen Nigeria’s recession
For an economy almost in recession, these kind of controversies could be worrisome. This is actually not the time to close down any legitimate business in Nigeria. Turkish schools and their promoters have not really given the Nigerian government any reason to worry. They have been law abiding citizens in Nigeria.
Dutch government calls on Turkish community to report threats by supporters of Turkish President Erdogan
The government is calling on Turkish-Dutch citizens to report if they are threatened by supporters of Turkish President Recep Tayyip Erdogan, Minister Bert Koenders of Foreign Affairs wrote in a letter to parliament on Thursday, NU.nl reports.
A way to hide the truth: the Hizmet Movement
All of the corruption and graft was revealed by the process of December 17-25, 2013. The only way out for the AK Party was to create the impression that it was a conspiracy.
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