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.
President Erdogan says the state of emergency might be needed for another year to crush the “terrorist” threat. More than 130 media outlets have been shut down, the pro-Kurdish IMC TV the latest victim. The authorities have started releasing 38,000 prisoners, to make way for the new arrests.
Teacher who lost sanity under detention remains jail despite doctors’ reports
Tuğba Y., a teacher who lost her sanity due to alleged torture during weeks of interrogation, was arrested and has been kept in prison since late January despite doctors’ reports showing her deteriorating mental condition.
‘Democracy’s Challenge with Turkey’ debated in Abant Platform
A large group of Turkey’s intellectuals gathered on Saturday in the Bolu province for the 34th Abant Platform meeting to debate the country’s democracy problems, amid criticism of increasing authoritarianism and conflict in the country.
Erdoğan’s plan to contain corruption scandal
Despite the obstacles he has orchestrated for those pursuing the investigations, Erdoğan has never been able to gain enough traction to shift the debate away from corruption since Dec. 17. He must now be running on fumes.
Turkish gov’t jailed not only journalist Karaca, but also his lawyers and the judges who ruled to release him
The trial of Turkish journalist Hidayet Karaca (55) has already taken its place in judicial history because not only has he been persecuted by the Turkish government but also both his lawyers and the judges who ruled to release him from jail have been imprisoned.
The Hizmet movement and politics
Dr. Ihsan Yilmaz, 28 March 2012, Wednesday There has recently been criticism directed against the Hizmet movement that it has been or is becoming a political movement. Its adversaries keep making these accusations, and nothing can be done to convince them. But for anyone sincerely interested in what the movement is actually up to, some […]
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If whoever touched Gülen was doomed, we would have been ashes by now
