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.
Two Turkish TV producers detained as operation against media starts
Turkish police have reportedly detained two producers from Samanyolu TV in the first wave of what was said to be a large-scale operation against the media across Turkey.
Erdoğan’s propagandist think tanks
Erdoğan’s government coming after the strongest civic group, the Hizmet movement, in Turkey is not an isolated incident but rather fits a pattern of how Erdoğan defines democracy and how he handles nongovernmental organizations in the country.
Exit strategy for the AKP
Hizmet’s Journalists and Writers Foundation (GYV) reiterated last month, the AKP must, as soon as possible, start working towards EU reforms, the establishment of a fully democratic Turkey, the establishment of the rule of law, the most advanced fundamental rights and freedoms, equality of all before the law, a civilian constitution and a transparent state that can be held accountable.
Businessmen voice frustration over smear campaign against Hizmet
The Akşehir Industrialists and Businessmen’s Association (AKSİAD) has condemned an ongoing defamation campaign being conducted against the Hizmet movement inspired by Turkish Islamic scholar Fethullah Gülen, calling on government officials to refrain from the hate speech and polarizing rhetoric that are damaging the society.
Bipartisan think-tank: The U.S. should not interfere politically in Gülen extradition case
If the executive branch were to interfere too forcefully in the Gülen extradition case now, it would only confirm Turkish leaders’ belief that the U.S. system operates on the same corrupt terms as Turkey’s. This would fundamentally affirm Erdoğan’s view that democracy as a value and a practice is a purely cynical discourse used by Western powers to harm Turkey.
Gülen worries fake news could associate new terror attacks, assassinations in Turkey with him
US-based Turkish Islamic scholar Fethullah Gülen said on Tuesday that fabricated stories in the pro-government media about new terror attacks and political assassinations in Turkey could be associated with followers of the faith-based Gülen movement.
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