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.
Turkey’s hunt for traitors after the failed July 15 coup has upended communities around the country and strained the rule of law. Arrests initially focused on military and security personnel. In the months since, tens of thousands of others, mainly teachers, have been caught in the crackdown.
Turkish Gov’t gears up to boost mutual trade with Ghana to $1 bln
GAMZE GÜL, İSTANBUL Economy Minister Zafer Çağlayan said on Wednesday at a forum organized by TUSKON that the government is gearing up to increase the mutual trade volume with Ghana from $550 million in 2012 to $1 billion in the next two years. Speaking to participants at the Turkey-Ghana Trade and Investment Forum organized by […]
‘Gulenists’ talk about finding a safe haven in Kosovo
Thousands of Turkish nationals, including Gulenists, opposition members, and minorities, fled Turkey and scattered throughout the globe, particularly in Europe and the US; some educators and civil servants with actual or alleged ties to the transnational religious Gulenist movement fled to Kosovo.
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The targeted Turks have lived in Nigeria for decades, with very high investments profile in the education, health and social sectors of the economy. They are involved in legitimate businesses duly registered and regulated by relevant agencies of government.
Mother detained over Gülen links while twins left in intensive care
A day after former teacher Ş.A., mother of a week-old premature infant, was taken into police custody over links to the faith-based Gülen movement while she was on her way to the hospital to feed the baby, another mother was detained as part of the same investigation while her twins were left in an intensive care unit.
Lawyers for Turkish Islamic scholar Fethullah Gülen have said via Twitter that Justice Minister Bekir Bozdağ should have provided proof to back up his statement that Gülen planned to return from the US to Turkey in a similar way to Iran’s revolutionary leader Ayatollah Ruhollah Khomeini.
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