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.
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Obama is the real turkey in this scenario
Erdogan also made a statement, calling the president of the United States “Barack,” before launching into one of his usual self-serving rants. Typical of a violent Islamist appropriating the moral high ground, the Turkish president agreed that fighting terrorism is of utmost importance. But the “terrorists” to whom he mainly referred were Gulen and the Kurds.
Those not supporting Erdogan regime labelled as Gulen follower, given harsh punishment
M Behzad Fatmi, a Turkish political expert and commentator, has said that Ankara’s crackdown on Gullen followers amounts to “social and economic genocide” and asserted that the self-exiled scholar had no connection in the coup d’etat aimed at overthrowing the Erdogan regime.
TAA holding annual Turkic American Convention in Washington
The Turkic American Alliance (TAA), the largest national Turkic organization in the US, is holding its third annual Turkic American Convention in Washington, D.C., on March 12-13 in cooperation with the Turkish Confederation of Businessmen and Industrialists (TUSKON). Speaking at a press conference, Faruk Taban, the president of the TAA, which represents six regional federations […]
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