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.
Ugandan opinion leader refutes news report which defames Hizmet Movement
Speaking to the Cihan news agency, Dr. Anas Abdunoor Kaliisa said he did not give such a statement to Yeni Şafak and such a slander is not unacceptable. “They asked me some questions about Hizmet Movement. I stated that Turkish schools contribute a lot to education of Uganda.
Speaking Truth to Power in Turkey: An Interview with Ekrem Dumanli
Veteran Turkish journalist, newspaper executive and playwright Ekrem Dumanli made headlines after he was detained by Turkish authorities on charges of “forming, leading and being a member of an armed terrorist organization.”
What is the main offense that the Cemaat (Hizmet movement) has committed?
The background of the operation into the Cemaat which they [the government] have tried to depict as the main source of all evil in the world is so groundless and weak that…
Black Sunday: The day Turkey detained its prominent journalists
The government-orchestrated crackdown on independent critical media outlets in Turkey took a turn for the worse on Sunday with dawn raids on Turkey’s largest newspaper Zaman and popular national TV network Samanyolu TV that led to the detention of top managers at the media outlets.
Post-Kemalist but still illiberal Turkey
Many, including myself, expected that the defeat of Kemalism by a broad coalition of liberals, democrats and conservatives under the political leadership of the Justice and Development Party (AK Party) would lead to a democratic regime in Turkey with a liberal constitution. Yes, Kemalism is dead but its state-centric, Jacobin and illiberal sprit has been reincarnated in the ruling AK Party. The similarities in the attitude and the policies of the AK Party and its Kemalist predecessors are striking.
Truth and reconciliation in post-Erdoğan era
One way to repair the damage dealt by the Erdoğan government in the last couple of years and to provide some form of closure for the dark period of Erdoğan’s third term in government is to set up a truth and reconciliation commission. Without discounting the role of the criminal justice system, a truth commission can be utilized in a complementary role to help citizens move on with their lives in Turkey after colossal wrongdoings in the government.
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