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.
Turkey to Release Tens of Thousands of Prisoners to Make Room for Coup Suspects
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Turkish anti-terrorism police carried out raids in six cities, detaining at least five people with alleged links to al-Qaida
The police raid “is a deliberate attack on the IHH,” said Yasar Kutluay, the group’s secretary general. “They are trying to portray the group as an organization with links to terrorism.” He blamed Israel and Gulen’s supporters, for the operation — a charge Gulen’s movement immediately rejected as “slander and false incrimination.”
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Turkish PM calls for boycott of Gülen movement’s schools
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Religious leaders in Philippines defend Turkish NGOs being linked to terrorism
De La Salle Philippines president Bro. Armin Luistro and leaders of religious groups on Tuesday expressed support to two non-government organizations being linked to terrorist organizations, noting the NGOs’ track records in peace-building.
Expert: I fear that Turkey is headed to a prolonged period of civil conflict if not civil war
He has become a joke, albeit a dangerous one. He has become Muammar Qadhafi. Turkey is dangerously polarized. We know from Turkish political history that such polarization often leads to violence. I fear that Turkey is headed to a prolonged period of civil conflict if not civil war.
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