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 Concedes: No Evidence Linking Gulen to Coup Sent to Washington
Turkey is conceding it has not sent any evidence to Washington linking Fethullah Gulen to the failed July 15 coup attempt, despite increasingly angry calls by Ankara for the United States to extradite the Pennsylvania-based cleric or suffer a severe downgrade in diplomatic relations.
Islamic scholar Gülen files libel case against PM Erdoğan
Gülen’s lawyer Nurullah Albayrak said on Monday that Erdoğan moved beyond borders of freedom of expression and used excessively harsh insults against the Islamic scholar. Gülen is demanding TL 100,000 in compensation for the allegedly denigrating remarks.
Anti-police operation is gov’t attempt to take revenge for graft probe
Prime Minister Recep Tayyip Erdoğan’s Justice and Development Party (AK Party) has recently been engaged in a bitter fight with the Hizmet movement. This conflict intensified after Dec. 17, 2013, when a major graft operation targeting government ministers and connected businessmen became public. The prime minister claims the operation was orchestrated by the Hizmet movement in an effort to overthrow his government. However, he has not provided any evidence to prove this claim, and the movement denies the accusation.
Steller: For Turks, post-coup purges make U.S. safe harbor
There’s the political rhetoric — mainly Donald Trump’s proposal to ban Muslim immigrants or, in the most recent version, to suspend immigration from countries that have exported terrorism.
One year after attempted coup, purges have left hundreds of Turkish academics imprisoned
After the attempted coup, college professors have been hit especially hard, thanks to Gülen’s popularity inside Turkish higher education. Turks were encouraged to report Gülen’s followers to the government. Universities have been ordered to establish 7-8 member committees looking into anti-government activities of the faculty and administration.
CSOs across Turkey slam campaign under way to discredit Hizmet movement
Representatives of civil society organizations across Turkey issued press releases on Wednesday to condemn a defamation campaign targeting the Hizmet movement, a volunteer-based grassroots movement particularly working in the field of education around the world while aiming to spread interfaith dialogue inspired by Muslim scholar Fethullah Gülen.
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