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.
What lies beneath the prep-school row between AK Party and the Hizmet
It is an open secret that Erdoğan is not targeting the prep schools, but the Hizmet movement that is inspired by the Islamic scholar Fethullah Gülen. People and companies that are sympathetic to the movement operate the majority of Turkey’s prep schools. Like the rest of the educational institutions affiliated with the movement, they are the most academically successful, sending students with outstanding scores to the best schools each year.
Should I not respond to those who want to strangle me?
HÜSEYİN GÜLERCE The move to close down prep schools is getting complicated. Things are going out of hand, and the discussions over this serious education issue are becoming less serious and more irrelevant. A Justice and Development Party (AK Party) deputy who is also a member of the education commission made a horrible remark comparing […]
Did Erdogan STAGE the coup?
‘Government should be won through a process of free and fair elections, not force,” Gulen said. “I pray to God for Turkey, for Turkish citizens, and for all those currently in Turkey that this situation is resolved peacefully and quickly.’ Gulen sharply rejected any responsibility: ‘As someone who suffered under multiple military coups during the past five decades, it is especially insulting to be accused of having any link to such an attempt.
Turkish Alevites, Sunnis show solidarity during Eid al-Adha
The Turkmen -Alevite-Bektasi Association (TABA) and the Kimse Yok Mu Association helped families in Kirklareli’s Hasandede town, Turkey, who could not afford to sacrifice an animal in this Eid al-Adha. During Eid al-Adha meat from sacrificed animals were distributed to 100 predetermined needy families making them enjoy the holiday.
Berlin mayor accuses Turkey of waging war on Gulen supporters in Germany
“I was approached and asked by a Turkish government official, whether we would be prepared to critically confront the Gulen movement in Berlin,” Michael Müller, mayor premier of the state of Berlin, told the German newspaper Bild. “I rejected the idea and made it very clear that Turkish conflicts could not be waged in our city,” he added.
Erdoğan gov’t abusing regulatory agencies to punish opponents
Pressuring state regulators to abuse their powers, the ruling Justice and Development Party (AK Party) government has mounted an aggressive campaign to punish groups and companies that are critical of the government’s handling of a massive corruption investigation, which has led to questions about the credibility and independence of regulatory agencies in Turkey.
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