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.
5 children abandoned in front of prison as mother detained
A video shared on social media shows five children left alone in tears in front of a Prison in Ankara after their mother was detained while they were visiting their father in prison. In the video a child opens the door of a car in the prison parking lot, showing his brothers crying, and says in tears, “We are five brothers, left alone. We have a handicapped brother. I commend those people to God’s punishment.”
Erdogan regime’s defamation of Hizmet at full throttle – UK-based academic denies recent allegations
In a written statement released both in Turkish and English, UK-based academic Özcan Keleş denied recent allegations about him that appeared in Turkey’s mostly pro-government media outlets, saying that only his name, his father’s name, his hometown and the fact that Aksaray is a city in Turkey were accurate in the articles. “Everything else is untrue,” Keleş says.
Turkey’s purges are hitting its business class
It is not clear when the government will begin auctioning off seized firms. The risk is that the economy may gradually come to resemble Russia’s, where political loyalty is the price for keeping a slice of the pie. “It is like watching a piece of snow roll down a mountain,” says a veteran civil servant ousted in one of the purges. “You think it won’t hit you, until you realise it’s becoming an avalanche.”
Gülen, Erdoğan’s new agenda item with the West
Yet, no matter how strong of views he might voice to his interlocutors about the Gülen movement (Cemaat) he can’t save himself from the problem of credibility. While he was giving assurance in Brussels that he is not interfering with the judiciary, the fact that the very same day the pressure exerted by the undersecretary of the Justice Ministry to the chief prosecutor in his investigation on a corruption case was revealed through documents will lead the EU to approach these assurances with suspicion.
Erdoğan and AK Party deputies split over hate speech against Hizmet
Apparently, not every Justice and Development Party (AK Party) member and minister is on board with Prime Minister Recep Tayyip Erdoğan’s hateful and insulting rhetoric against the Hizmet movement and Turkish Islamic scholar Fethullah Gülen and his followers.
Erdoğan’s requests to shut down Turkish schools abroad perceived as patronizing
On the latest stop of his world tour to disparage Turkish schools abroad, President Recep Tayyip Erdoğan asked Albanians to shut down schools that boast scores of Albanian alumni, accusing the institutions of being part of a terrorist organization.
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