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.
The liberal Taraf daily, where I write a column, is one of the few independent newspapers in this country. Those who don’t know the Turkish media well need to know that media outlets are largely owned by private holdings which have close ties to the government. Thus, Turkish newspapers need to consider whether their reporting would harm their bosses’ business connections with the government.
“They won’t believe,” he said
AHMET KURUCAN “They won’t believe,” he said. “They won’t believe that we work for peace and the salvation of humanity. They won’t believe that we endeavor to create an island of peace where all of humanity can live in brotherhood. They won’t believe that you do not have expectations for this world or the next. […]
Gülen denies ‘groundless’ Stratfor claims of pressure on AK Party
8 March 2012 / TODAYSZAMAN.COM Well-respected Turkish intellectual and scholar Fethullah Gülen has denied recent media reports based on leaked e-mails from security analysis company Stratfor that said members of his movement were putting pressure on the ruling Justice and Development Party (AK Party) in order to control the party. Gülen said through his lawyer […]
Dozens of US Congress members urge Kerry to press Turkey for freer media
A large number of members of the US Congress have voiced concerns on the recent arrest of media members in Turkey and called on Secretary of State John Kerry to press the Turkish government to secure press freedom in the country.
Bosnians Protest at Student’s Arrest in Turkish Crackdown
Masetovic, a 21-year-old student at the University of Usak, was arrested last month in the western Turkish city, accused of being part of a network led by exiled cleric Fetullah Gulen. “At the time of the coup in Turkey, my son was at home in Bosnia and Herzegovina and had nothing to do with the events there,” his father Husein Masetovic was quoted as saying.
Former Hampton Roads physicist arrested after Turkey coup attempt
When Alicia Hofler of Newport News heard about terrorists bombing the Istanbul airport in June, she shot off an email to her old college friend, Serkan Golge, a NASA contractor in Houston.
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