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.
Ergenekon opinion lists subversive plans for coup d’état
A lead prosecutor involved in the trial of the Ergenekon terrorist organization listed in his final opinion of the case several plots by the terrorist group to spark chaos in society so as to lay the groundwork for a military coup. One such plan was the Action Plan to Fight Reactionaryism, which detailed a military campaign to destroy the image of the ruling AK Party and the faith-based Gulen movement in the eyes of the public.
Turkish cleric demands fatwa to amputate hands, feet of Gülen followers
Turkish cleric Nurettin Yıldız demanded a fatwa from Turkey’s Religious Affairs Directorate suggesting that supporters of Turkish Islamic scholar Fethullah Gülen, who is accused by the Turkish government and Erdoğan of masterminding a failed coup in July, be executed, their opposing hands and feet be amputated or be exiled instead of keeping them in prisons.
Even a village cannot be ruled this way
A simple question: by what standards is Turkey being ruled now? Constitution? Laws? Unfortunately, neither. We have a rule based on arbitrariness and bullying. How about democratic criteria? They were long shelved. Legal criteria?
TUSKON says systematic campaign of defamation under way
The Turkish Confederation of Businessmen and Industrialists (TUSKON) has criticized what it calls a “systematic campaign of defamation against the business conglomerate,” stressing that its business activities, which help contribute to the Turkish economy, should be welcomed.
Nearly 500 police officials reassigned in Ankara, İzmir
Erdoğan has reacted furiously to the corruption investigation, decrying an attempted “judicial coup” his supporters see as orchestrated by the Hizmet movement. He has reassigned thousands of police officers, more than a hundred judges and prosecutors, and purged official bodies of executives he suspects of being close to Turkish Islamic scholar Fethullah Gülen.
Turkish PM heads to Brussels for tough talks with EU
Although the prime minister argues that an ongoing corruption and graft probe engulfing his own ministers is simply a plot hatched by an “illegal gang” that he describes as “parallel state” operated by Fethullah Gülen, a cleric in self-exile in the U.S., EU officials have made clear that such rhetoric has not been bought in Brussels.
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