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.
Noting that it’s an interesting analogy, I told Gulen community is not a political movement and its participants refer to their movement as “hizmet.” As our conversation moved on, I got the feeling that the correspondent regarded Gulen community as the most influential organized opposition movement against the ruling AKP (Justice and Development Party).
Religious leaders pray for world peace at meeting of civilizations
Religious leaders prayed for world peace at an event deemed the meeting of civilizations and organized by the Antakya Intercultural Dialogue Association (AKADİM) and Turkish aid organization Kimse Yok Mu in the province of Hatay
Former AK Party minister praises Turkish Olympiads
Former interior minister and Justice and Development Party (AK Party) İstanbul deputy Abdulkadir Aksu said on Thursday that Turkish schools abroad serve as islands of peace, adding that he is looking forward to this year’s Turkish Language Olympiads.
The mother of all wars
The heart of the matter is whether the [Turkish Government] corruption charges are valid. If they are, then there will be little to say other than calling all corrupt politicians to resign. Few people are interested in this factual matter, however, as the mother of all political wars escalate everyday with accusations, counter-accusations and unabashed partisanship.
Der Spiegel: Turkish consulate officials involved in spying activities not only in Germany
“The espionage agents around the Turkish religious authorities go beyond Germany,” the article read adding that “not only were the names of persons transmitted” but also activities by the Gülen movement-affiliated schools, day-care centers, cultural and student associations reported to Turkey.
What is lacking in democratization package is democracy itself
This time’s so-called democratization package to soon be submitted to Parliament is an overt effort to make judicial proceedings nearly impossible if the consent of a governor or one of their deputies has not been granted. A prosecutor who wants to start an operation will first go to the governor (read: the government) in order to get a license to use law enforcement bodies in any sort of operation. This move is not only against democratic norms and the principles of transparency and the rule of law, but is also a clear reflection of a defensive mechanism in light of mounting corruption and graft claims surrounding senior government officials.
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