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.
Return to Turkey or lose citizenship, gov’t tells Gülen followers
The Justice and Development Party (AKP) will revoke the citizenship of followers of the faith-based Gülen movement who sought refuge abroad due to a government crackdown on alleged movement sympathizers if they do not return to Turkey within a certain period of time, the pro-government Sabah daily reported on Thursday.
Critical journalist Ilıcak fired from pro-government daily Sabah
Veteran Turkish journalist Nazlı Ilıcak was fired on Wednesday from her long-time post at the Sabah daily over a “disagreement on issues,” according to the pro-government newspaper. Ilıcak argued that Erdoğan had been misled by his advisors, leading to prejudices and suspicions about the Hizmet movement.
Pro-gov’t daily repeats Bharara controlled by Gülen movement, calls him ‘stupid’
One of the staunchly pro-government newspapers in Turkey, the Star, daily has repeated earlier claims about a US attorney, saying that he is controlled by the faith-based Gülen movement and “stupid.”
Reactions pour in over Turks’ controversial arrest in Malaysia as UN joins calls against extradition
The UN Human Rights Office for South-East Asia has expressed serious concern about the recent arrests of three Turkish nationals in Malaysia, joining calls on the government to refrain from extradition.
Turkey: A climate of fear; losers in the aftermath of the coup attempt
Turkey at large will lose as Erdoğan chooses the retaliatory path and purges relentlessly, splitting the country into supporters and adversaries. A climate of fear and indignation will envelop not only the many institutions that were hit hard, but Turkey in general, and the Middle East will suffer even further than it is already suffering.
More evidence Erdogan behind coup
While the narrative voiced by Erdogan and echoed by the Turkish press blamed Gülen exclusively, many Turks and diplomats quietly harbored suspicions that Erdogan planned and staged the coup himself as a Turkish equivalent of the Reichstag Fire. That may once have sounded like a fringe conspiracy, but increasingly it seems the likely genesis of events last July.
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