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.
Cyber attacks on news websites threaten freedom of press, expression
Starting mid-February, the Radio and Television Supreme Council (RTÜK) has been severely penalizing a number of news TV channels known for their anti-government broadcasts. Those channels, which include Samanyolu Haber TV and Bugün TV, were mostly penalized on the grounds that their programs were biased. The channels have been broadcasting reports about claims of corruption and bribery that have implicated some government members.
Turkey’s New Anti-Americanism (NY Times Editorial)
The Turks need to be reminded that Mr. Gulen has a legal right to be in the United States, and that the Justice Department would have to go through a rigorous process before deciding whether he could be handed over, especially to a country where due process is increasingly unlikely and torture is reportedly used against detainees.
Turkey’s Erdogan and ISIS’ new breeding ground
Turkey’s President Recep Erdogan appears to be having a double dealings on taking the fight to ISIS. He has instead prefer a cosmetic approach in tackling the terrorist group. It is high time Erdogan purged himself of insincerity and religious rhetoric in the fight against ISIS and joined forces with other leaders to bring enduring peace to Turkey, the Middle-East and the various parts of the world.
Police pressure businessmen who sued Erdoğan over Hizmet remarks
On one day, police paid a visit both to the residence and workplace of the businessman, who requested to remain anonymous, even though there had not been any violation of law on his part. Asking arbitrary questions at the businessman’s residence, such as, “Why did you sue the prime minister?”, “What does your husband [the businessman] do?”, “Do you own the house or is it rental?” and “Do you have a car?”, the police asked for the mobile phone number of the businessman and left. The policeman said that they came from the Tepebaşı Police Station in Ankara.
Turkey’s crackdown threatens German stability, Gulen followers fear
As storekeeper Cem Celik closes his small supermarket in one of Berlin’s traditional Turkish neighbourhoods for the night, he is bracing himself for what lies ahead.
Erdoğan’s personal propaganda tool, the MGK
Erdoğan has asserted that the Gülen movement is to be included in the Red Book as a “prioritized threat.” But never mind the fact that he acts and speaks as though this has all been decided upon already. The fact is, he does not have the proper authority to do this. What’s more, there is absolutely no document or piece of information that would support such a move.
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