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.
Arab students who have previously studied at universities considered by Turkish security forces to have been influenced by the U.S-based cleric Fethullah Gülen are being arrested and threatened with deportation by police. Many such students have already been deported.
Gülen convinces people that Islam is integral part of global order
SEVGİ AKARÇEŞME, ABANT/TURKEY Professor Hans Köchler from Austria, the president of the International Progress Organization (IPO), has said the European Union’s resistance to Turkey’s membership is not due to its identity or its Islamic culture, as some argue, but mainly for economic reasons. The Abant Platform organized by the Journalists and Writers’ Foundation (GYV) hosted […]
Under Erdogan oppression, autocracy rules in Turkey
A day after Turkey’s notoriously repressive regime led by an autocrat president issued sweeping arrest warrants for 42 journalists on July 25 on all sorts of trumped-up charges, I decided that the time had come for me to pack up and move out of the country.
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The family that owns Dogan Holding has long been influential in Turkey’s secular establishment and ran afoul of Mr. Erdogan’s Islamist-based A.K.P. Party in 2009. With the company targeted again and fearful of losing more assets, the newspaper Hurriyet is widely seen as pulling punches to appease Mr. Erdogan by firing journalists and quashing even mildly critical news stories.
What is the main offense that the Cemaat (Hizmet movement) has committed?
The background of the operation into the Cemaat which they [the government] have tried to depict as the main source of all evil in the world is so groundless and weak that…
Turkish PM acknowledges phone call to media executive
Turkey’s mainstream media has been under constant fire since last year’s Gezi Park protests and the recent graft probes for yielding to political pressure from the government.
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