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.
The graffiti echoes Prime Minister Recep Tayyip Erdoğan’s hate speech against the Hizmet movement inspired by Turkish Islamic scholar Fethullah Gülen, with which the cultural center is affiliated.
Teacher abducted from Malaysia subjected to beating, torture in Ankara: cellmate
Alaaddin Duman, a teacher in Malaysia who was abducted by Turkish intelligence agency over his links to the Gulen movement in 2016, has been subjected to beating, torture and death threats during pre-trial custody in Ankara, according his cellmate.
‘Hiç Durmadan Hizmete Devam’: Turks Decry Erdogan Decision Via #HiçDurmadanHizmeteDevam
Connor Adams Sheets The Turkish phrase “Hiç Durmadan Hizmete Devam” went viral on Twitter Thursday afternoon via the #HiçDurmadanHizmeteDevam hashtag, as Turks around the globe decried Turkish Prime Minister Recep Tayyip Erdogan’s refusal to reconsider his decision to close the country’s private “prep” schools. “Hiç Durmadan Hizmete Devam,” loosely translated as “do your service without stopping,” is a […]
TUSKON key in trade with Turkey, top Russian group says
The Turkish Confederation of Businessmen and Industrialists (TUSKON) plays a critical role in cementing investment and trade ties between Turkey and Russia and is a key partner for its Russian counterparts, the head of a top Moscow-based business group said on Wednesday.
Anti-democratic practices after graft probe reminiscent of Feb. 28 era
A number of anti-democratic moves that began after the launch of the corruption probe, including the reassignment of thousands of civil servants, including police officers and members of the judiciary, as well as discrimination against members of the faith-based Hizmet movement, are similar to the events of the Feb. 28 period.
Rule of law(lessness) in Turkey?
It turned out that I was overly optimistic, for I did not want to believe that a prime minister who bravely fought the old, authoritarian establishment in the people’s name for years could have changed so much, adopting just the same behavior we were subjected to in the past. I had thought that those bitter experiences were only a distant memory. Unfortunately, I was wrong — terribly so.
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