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.
Erdoğan escalates elimination of Gülenists from state [ with no proof of accusations]
Since the Dec. 17 graft probe, hundreds of prosecutors and judges and around 2,500 police officers who the government believes to be close to Gülen have been removed from their posts, and it seems that it is not going to stop there.
Our new neighbor [Al-Qaeda] poses a great risk for Turkey
Because some European countries failed to share intelligence with Turkey on al-Qaeda militants moving through Turkey to Syria — a dynamic that turned Syria into an Afghanistan and Turkey into a Pakistan — a fairly negative outlook on Turkey emerged. Al-Qaeda and similar organizations were able to step up their presence and activity in Syria by using the Turkey-Syria border, which has become uncontrollable in recent years.
55 students from 30 countries captivate İzmir residents with poems of praise
A total of 55 students from 30 countries captivated hundreds of spectators with their recitations of naats — poems in praise of the Prophet Muhammad — during a ceremony held in the Aegean province of İzmir on Monday evening to celebrate Holy Birth Week.
Turkey’s crackdown threatens German stability, Gulen followers fear
As storekeeper Cem Celik closes his small supermarket in one of Berlin’s traditional Turkish neighbourhoods for the night, he is bracing himself for what lies ahead.
Woman says husband abducted after losing job in post-coup crackdown
A recently established Twitter account claims in a series of tweets that Turgut Çapan was abducted in Turkey’s capital of Ankara. While the reason for the alleged abduction is yet to be known, earlier tips submitted to Turkey Purge as well as a number of other media articles reported on several mysterious incidents of abduction involving Gülen followers.
Turkey After the July Coup Attempt – Alan Makovsky’s testimony before Committee on Foreign Affairs
The vastness and persistence of the purge of the civil service, arrests of journalists, and closure of media outlets—many seemingly having nothing whatsoever to do with the exiled Turkish preacher Fethullah Gülen or his Gülenist movement that the Turkish government blames for the coup attempt.
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International Festival of Language and Culture 2016
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