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.
Lawyer rejects alleged Gülen remarks published by leftist daily
The lawyer of Turkish Islamic scholar Fethullah Gülen has denied alleged remarks made by his client against the ruling Justice and Development Party (AK Party) that were published by a leftist daily on Oct. 9. The leftist Birgün daily published the transcript of an alleged audio recording, which the newspaper claims belongs to Gülen and which was first released by a hacker group, Roj Hack, on the Internet.
The consequences of tyranny never change
Certain groups devised an imaginary and ambiguous crime against the Hizmet movement based on claims of a so-called “parallel state.” However, this is such a vague crime that if those who blame the Hizmet movement for establishing a “parallel state” are accused of the same thing, these charges will seem well-founded, because of ambiguity of the claims.
Ekrem Dumanli: Turkey’s witch hunt against the media
Turkey’s leader for almost 12 years, Erdogan contributed to economic successes and democratic reforms during his first and second terms. However, emboldened by consecutive election victories and incompetent opposition parties, he is now leading Turkey toward one-man, one-party rule.
Global peace as a dream to follow
BEGÜM BURAK* Every dream can come true if we have enough courage to follow it. Peace has always been a dream to catch; however, it has always been almost impossible to provide peace and order. Let alone world peace, no single community can fully have peace. From the very beginning of history, the war between […]
Scandalous return of Feb. 28
Hizmet movement lent full support to the AK Party in connection with critical issues such as the lawsuits against Ergenekon — a clandestine organization nested within the state trying to overthrow or manipulate the democratically elected government — and the e-memorandum of April 27, 2007.
TUSİAD chairman says does not see ‘parallel structure’ within state
Turkish Industrialists and Businessmen’s Association (TÜSİAD) Chairman Haluk Dinçer has said that he does not see any “parallel structure” within the state as is asserted by pro-government circles, adding that discharging some police officers on accusations of illegal wiretapping does not prove the existence of such a structure.
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