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.
MHP deputy dismissed gang allegations against Hizmet Movement
“[Hizmet Movement] is very transparent under the surveillance of the government. You would go a great wrong if you accuse [Gülen] as a gang affiliated person without any verdict of conviction by a prosecutor,” stated Yılmaz.
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Members of opposition parties, prominent businessmen and figures in the education world have severely criticized President Recep Tayyip Erdoğan for campaigning for the closure of Turkish schools in African countries that are affiliated with the Gülen movement, also known as the Hizmet movement, inspired by Turkish Islamic scholar Fethullah Gülen, who is a former ally of the president.
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According to the letter, a special team was established at the Prime Ministry late last year to conduct psychological warfare, including producing disinformation and false evidence to implicate the Hizmet movement in criminal activity.
Back to school in Turkey after post-coup teacher purge
As more than 18 million children began the new term after the summer break, Huseyin Ozev, president of the Istanbul teachers’ union, told AFP there were fears the academic year would begin with “chaos” because of huge staff shortages.
Mother with 25-day-old baby jailed on coup charges in Istanbul
Halime Kaman, a Turkish national who gave birth some 25 days ago at an İstanbul hospital, was reportedly arrested by an İstanbul court on Friday, according to several Turkish media outlets and Twitter accounts.
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