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.
People overwhelmingly support democracy as answer to Kurdish issue
About 90 percent of the Turkish public believe the Kurdish question cannot be settled through military means but by democratization, and that expanding cultural rights and negotiating are the answers that will finally produce a settlement for Turkey’s decades-long problem with separatist terrorism, according to a recent survey conducted by pollster MetroPOLL.
Witch-hunt-targeted mother dies in Kabul, family could not attend funeral in Turkey
İsmail Eyüpoğlu (42), who has been living abroad for 25 years, lost his wife early in the morning on Saturday, February 3. He was straddled between the idea of going back to Turkey with his children and bid farewell to his wife for 18 years in her last journey and on the other hand, the fear of being arrested at the airport and sadden his two children.
Legal action against Gülen in the US: A golden opportunity for Gülen
No one will be able to say members of the movement are complaining about Erdoğan in the US. They will defend themselves against Erdoğan’s attorneys who are paid millions of dollars. Thus, Erdoğan has placed a red carpet in front of the movement. The rest is up to how the movement performs…
Abrupt gov’t decision to revoke status of Kimse Yok Mu draws criticism
Turkey’s leading charity, Kimse Yok Mu (Is Anybody There), had its right to collect charitable donations abruptly rescinded on Tuesday, in what seems to be an arbitrary decision made during a Cabinet meeting, prompting harsh reactions from volunteers, lawmakers of the opposition parties and representatives of other civil society groups.
Turkish Intelligence Agency (MIT) at center of political storm
Indeed, the MIT’s tarnished reputation can be viewed as collateral damage from the AKP’s wars with former allies (the Gulen movement) or an unintended consequence of the government’s haphazard propaganda since Gezi. The agency is seen as the nexus of the initial friction between the Gulen movement and the AKP.
Turkish Cultural Center in West Haven hit with graffiti in wake of unrest
Usually, if you hear about a particular ethnic group that’s a victim of graffiti, it’s from some other ethnic group or someone who doesn’t understand their culture. But a building facing the Turkish Cultural Center Connecticut recently was tagged — for the second time in three years — with graffiti that appears to be an extension of a political battle raging within Turkey itself.
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