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.
Man gets prison sentence, fine after attack on Gülen-linked institutions in France
A 28-year-old man of Turkish origin has been handed down a prison sentence of eight months and a fine of 23,000 euros by a French court after he attacked several institutions affiliated with the faith-based Gülen movement in the country. M.Y. admitted to have taken part in six other attacks against Gülen-affiliated education and culture centers in France.
Turkey deports former EU official for alleged Gulen-ties
The Turkish authorities prevented a former EU official from entering its territory. Joost Lagendijk, a former EU parliament member and EU rapporteur, was deported from the Sabiha Airport in Istanbul on Sunday.
What’s Friendship Got to Do With [Mr. Gulen’s] Extradition?
On a visit to Washington to lobby for Gülen’s extradition, Nationalist Action party parliamentarian Kamil Aydin expressed his belief that “America is going to refuse losing Turkey as a good partnership in the region.” But even if Turkish politicians do not believe that America operates according to the rule of law, they should at least be aware that most Americans are proud to think that it does.
Democracy on the rocks in Turkey
Last week’s military coup attempt in Turkey is likely to have a debilitating impact on Turkish democracy. Already, several thousand military officials and bureaucrats have been arrested. Even more perturbing, more than 2,000 judges were removed from their jobs.
Peace and prosperity for Turkey lies in philosophy of Nursi says Altan Tan
On one hand he is a devout Muslim, and former member of the conservative Welfare Party (Refah Partisi), which was thrown out of the government in 1997 after a military memorandum, commonly known as the February 28 post-modern coup. Equally important for Tan is his identity as a Kurdish political figure, seeking political rights for his people and an end to conflict between armed rebels and the state.
3 detained Turkish educators and their families handed over to Turkey by Gabon
Three Turkish educators and their families who were arbitrarily detained in Libreville, the capital city of Gabon, were handed over to Turkish officials and taken to İstanbul on Sunday morning.
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