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.
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The purges are thought to be an attempt to remove those the government believes are members of the Hizmet movement from public sector jobs.
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At separate meetings between President Obama, US Vice president Biden and President Erdogan of Turkey, the American justice system has technically made it very difficult and imposable for the unlawful demands of Erdogan to be met. However, the options available to Erdogan are number one, to propose and sponsor amendments at the US parliament, number two, is to provide evidences to his claims against Gulen.
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Turkey detainees tortured, raped after failed coup, rights group says
JASON HANNA and TIM HUME Captured military officers raped by police, hundreds of soldiers beaten, some detainees denied food and water and access to lawyers for days. These are the grim conditions that many of the thousands who were arrested in Turkey face in the aftermath of a recent failed coup, witnesses tell Amnesty International. […]
Turkish minister’s leaked emails show pro-gov’t figure has eye on Gülen-linked dormitory
Leaked emails of Turkey’s energy minister and son-in-law of President Recep Tayyip Erdoğan, Berat Albayrak, have revealed plans by a pro-government figure to assume ownership of a dormitory in Kayseri province that used to be operated by the Gülen movement but was closed down by the Justice and Development Party (AKP) government.
Cabinet ruling against non-profit charity Kimse Yok Mu condemned
The cabinet ruling revoking Kimse Yok Mu’s status to receive donations without state approval continues to draw widespread condemnation.
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