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.
The Turkish Supreme Court of Appeals has rejected the Chief Prosecutor’s Office’s objection to the acquittal of scholar Fethullah Gulen, which was upheld by the appeals court in early March. Gulen had been charged with “establishing an illegal organization”. The objection was soundly defeated by a 16 to 7 vote. Fethullah Gulen’s acquittal has been […]
Top union: Closing prep schools to leave 60,000 jobless
Turkey’s largest business confederation, the Turkish Union of Chambers and Commodity Exchanges (TOBB), has said a government plan to shut down private exam preparatory schools (dershanes) will leave an estimated 60,000 teachers at these institutions jobless while causing financial losses to investors.
Turkey’s purges continue a year after failed coup
One year on, Turkey’s crackdown on suspected coup plotters shows no signs of ending – and has now reached human rights workers. Diego Cupolo reports from Ankara.
Lamb-hunt in the Netherlands
“Once, a wolf drinking water from the river notices a lamb by the water and runs towards him. He is planning to eat up the lamb. But to block any likely help and to shift the blame onto the lamb by psychological pressure and thus eat it up comfortably, the wolf says, “Why did you […]
Government circular bans Gülen followers from collecting sacrificed animal skins
A recent government circular sent to police departments across Turkey told police to seize the skins of sacrificed animals during Eid al-Adha collected on behalf of the “Fethullah Gülen terrorist organization” (FETÖ) — a derogatory term President Recep Tayyip Erdoğan and his political associates developed in order to disparage the faith-based Gülen movement, which is […]
Erdogan’s Changing Aspirations for Somalia
Somalia has been one of the centers to the world’s worst humanitarian crisis. The East African country has been crumbled for long years by many inextricable catastrophes including famine, drought, militancy and instability.
Latest News
Turkish inmate jailed over alleged Gülen links dies of heart attack in prison
Message of Condemnation and Condolences for Mass Shooting at Bondi Beach, Sydney
Media executive Hidayet Karaca marks 11th year in prison over alleged links to Gülen movement
ECtHR faults Turkey for convictions of 2,420 applicants over Gülen links in follow-up to 2023 judgment
New Book Exposes Erdoğan’s “Civil Death Project” Targeting the Hizmet Movement
European Human Rights Treaty Faces Legal And Political Tests
ECtHR rejects Turkey’s appeal, clearing path for retrials in Gülen-linked cases
Erdoğan’s Civil Death Project’ : The ‘politicide’ spanning more than a decade
Fethullah Gülen’s Vision and the Purpose of Hizmet
In Case You Missed It
Former Hampton Roads physicist arrested after Turkey coup attempt
Interview with Rt Hon Hazel Blears MP, at London Premiere of Love is a Verb
Purges at Turkish Airlines continue after PM’s ‘witch hunt’ remarks
The Turkish invasion of Nigeria
It is unfair, unjust and politically motivated to incriminate the Gulen Movement
HRW to Turkey: Investigate Ankara abductions, disappearances
Austrian Far-Right Leader Likens Turkish Coup to Reichstag Fire
