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.
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The Hizmet movement, the largest civil society group in Turkey, inspired by Fethullah Gülen, is active in around 150 countries. Hizmet is marked by outstanding schools, dialogue initiatives and relief organizations. Its greatest achievement, however, is the ability to remain independent at all times
Nazarbayev says Kazakh-Turk schools belong to Kazakhstan, no extradition of teachers
Kazakh President Nursultan Nazarbayev said on Thursday that Kazakh-Turk high schools that are allegedly linked to the faith-based Gülen movement belong to Kazakhstan and that Turkish teachers working at those schools will not be extradited to Turkey unless they are proven guilty of a crime.
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Media outlets ran stories based on leaked voice recordings and the documents of a second probe, which has been stalled since Dec. 25, 2014, when the government started removing or reassigning thousands of police officers and police chiefs as well as the prosecutors carrying out the investigation. The press has since reported that the depths of corruption within the government is actually a lot bigger than initially assumed.
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It is an open secret that Erdoğan is not targeting the prep schools, but the Hizmet movement that is inspired by the Islamic scholar Fethullah Gülen. People and companies that are sympathetic to the movement operate the majority of Turkey’s prep schools. Like the rest of the educational institutions affiliated with the movement, they are the most academically successful, sending students with outstanding scores to the best schools each year.
(Not a joke) Turkish governor: ISIL terrorist detonated himself in construction site not to harm neighbors
Following the detonation of an Islamic State in Iraq and the Levant (ISIL) terrorist in Turkey’s Gaziantep province on Sunday, the governor told reporters that the suicide bomber detonated himself in a construction site in order not to cause problems for the neighbors.
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