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.
Overwhelming public response in support of Bank Asya
Solidarity campaigns against the Banking Regulation Supervision Agency’s (BDDK) decision to have the Savings Deposit Insurance Fund (TMSF) temporarily take over the management of Bank Asya have been springing up across the nation.
Governor’s office leads raid against Gülen inspired school based on annulled law
The Eskişehir Governor’s Office has stated that an annulled law was mistakenly used in the inspection warrants for Samanyolu Primary School and its high school as well as for a FEM prep school in the province, showing how carelessly the government-orchestrated operations are being carried out against the faith-based Gülen movement, also known as the Hizmet movement.
An NBA Center Faces Imprisonment And Possible Execution In Turkey
Normally, the Oklahoma City Thunder would be trying to find a replacement for Kevin Durant, or figure out how to get past the Golden State Warriors, San Antonio Spurs or Houston Rockets. They probably didn’t expect they’d have to struggle to keep their center Enes Kanter from being jailed and possibly executed in Turkey by an increasingly authoritarian leader.
Egypt’s Turkish schools reject Akşam and A Haber TV reports
The administration of the Turkish Salahaldin International Schools based in Egypt has sent a correction to the Akşam daily and A Haber TV station, stating that two recent reports about Turkish schools in Egypt appearing in the pro-government media outlets were baseless and false.
Erdogan’s Private Youth Army
Initially, the youth branches will be formed in 1,500 mosques. But under the plan, 20,000 mosques will have youth branches by 2021, and finally 45,000 mosques will have them. Observers fear the youth branches may turn into Erdogan’s “mosque militia,” like the Nazi Party’s Hitler Youth organization in Germany.
US Unlikely to ‘Speed Up’ Gulen’s Extradition to Turkey
Turkey has formally requested that the U.S. government extradite Turkish cleric Fethullah Gulen from the state of Pennsylvania where he has lived in self-imposed exile for 17 years. Turkey is pushing for quick extradition, suggesting that U.S.-Turkish relations are at stake. But the burden of proof rests squarely on Ankara, and if it cannot sufficiently prove its accusations against Gulen, the extradition request will be refused.
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