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.
AK Party gov’t behind anti-Hizmet declaration, leaked recordings allege
A joint declaration by a number of civil society organizations to proclaim open support for the government during debates over the closure of dershanes (prep schools) was concocted by the advisors of the Prime Minister Recep Tayyip Erdoğan and some associations were forced to lend their support, according to a number of new leaked recordings.
AFSV Denounces President Erdogan’s Seizure of Leading Newspaper Zaman
The Turkish government’s seizure of Zaman, the largest-selling newspaper in Turkey, is an attack on the country’s human rights, civil society and freedom of expression and the media. In his effort to consolidate power and silence all dissent, president Recep Tayyip Erdoğan’s actions only serve to highlight his growing authoritarian tendencies.
Council of Europe: Turkey must separate coup plotters from Gülen employees
“We are stressing to the Turks that they have to present clear evidence, be able to separate those who were clearly behind the coup and those who have been in some way or another connected to or working for this so-called Gülen network,” Jagland, Secretary General of the Council of Europe, told Reuters.
Turkey Wants Mongolia To Shut Down Turkish Schools
Just ten years ago, Turkish Parliament Speaker Bulent Arinc recalled a dramatic scene. One diplomat dropped his teacup upon hearing that he was posted to Mongolia with 5,000 USD, special residence, and a car — a lavish job at that time. “How can I live there?” the diplomat reportedly asked, according to Arinc.
Once, it was democracy that brought Erdogan and Gülen together
It’s not a war between Erdoğan and [the] Gülen movement. It is a question of whether or not Turkey will be a real democracy.
The state, AKP, Religious Affairs Directorate, Alevis and rights
The ruling Justice and Development Party (AKP) claimed it would minimize the space the state occupies in people’s lives and reduce bureaucracy and downsize the public sector when it was first elected to office. During the early years of its rule, it really moved to achieve these targets. But as it increased its control over the entire state apparatus, it has increasingly become yet another typical Turkish ruling party that prioritizes the state.
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