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.
Turkish authorities purge regulators, state TV employees in backlash against graft probe
Turkey has extended a purge of official organizations to the banking and telecommunications regulators and state television, firing dozens of executives in moves that appear to broaden Prime Minister Recep Tayyip Erdogan’s push back against a corruption investigation.
Transparency and trust is our only weapon says Turkish NGO chairman
İsmail Cingöz underlined how Kimse Yok Mu is an organization praised around the world for its independent, transparent and efficient humanitarian aid activities and that the current investigation of it being an armed terrorist group is being closely monitored by international agencies including those in the UN and EU.
Dutch, German intelligence agencies uncover Turkish kidnapping, murder plots
The secret intelligence cabal directly controlled by the head of Turkey’s notorious National Intelligence Organization (MİT) under direct orders from the Turkish president has planned to assassinate a leading critic in Germany and execute a plan to kidnap another critic in the Netherlands, sources familiar with the cases told.
Who’s conspiring against Erdoğan?
Erdoğan has recently been verbally attacking everyone, including even his own allies. In his most recent statement he threatened Islamic preacher Fethullah Gülen, saying that his government “will reach your caverns and tear you into pieces.
Saving the soul of Turkey [amid the graft probe]
In terms of fundamental rights, Erdoğan does not tolerate any dissent or critical media at all. He publicly bashes reporters, labeling them traitors or foreign agents just because these members of the press corps are exercising their right to freedom of expression. Civic groups like Hizmet are unable to avoid his wrath as well and are easily accused of running “parallel structures” or “gangs” within the state apparatus with no shred of evidence to back these claims.
Students from 70 countries share joy of graduating in İstanbul ceremony
Foreign students who have come to study in Turkey threw their caps into the air in celebration at a graduation ceremony held in Istanbul on Wednesday.
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