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.
Three ministers resign as one urges PM to step down amid corruption probe
Environment and Urban Planning Minister Erdoğan Bayraktar, in a harsh statement, claimed that he had been pressured to submit his own resignation to save the prestige of the government, adding that the prime minister should also quit as most of the amendments on construction plans mentioned in the corruption investigation were made on Erdoğan’s orders.
Turkish engagement with Southern Africa depends on the Turkish attitude towards Hizmet
Turkish engagement with Southern Africa will not be without challenges. The success of this engagement will depend on the Turkish attitude towards the Hizmet Movement. If Turkey decides to tackle the Hizmet Movement head on as it has done in Turkey and in other countries, it will risk alienation in South Africa and the wider region. The Hizmet Movement is generally popular in Southern Africa, with long standing ties to civil society and the political elite.
AK Party, Hizmet movement and politics
İHSAN YILMAZ August 31, 2012 I have written repeatedly about the relationship between the Hizmet movement (aka Gulen movement) and politics here. Unfortunately, it still needs some more discussion. As is well known, Hizmet never associates itself with political parties. It is a volunteer movement that appeals to individuals from all sorts of social, cultural, […]
Applicants affiliated with CHP, Hizmet movement face discrimination
Following the tension between the government and the Hizmet movement — inspired by Turkish Islamic scholar Fethullah Gülen — the government has based its recruitment policy on “color lists” to avoid employing people affiliated with some groups such as the Hizmet movement and the main opposition Republican People’s Party (CHP) in the public sector, a Turkish daily claimed on Monday.
Fenerbahçe’s Yıldırım calls on fans to attend protest
“We consider the dissemination … of wiretaps of Fethullah Gülen Hocaefendi’s conversations an operation, and we condemn and refuse to accept these kinds of activities,” Yıldırım said. Gülen filed criminal complaints over the illegal wiretaps and against the media outlets and websites that published the distorted voice recordings in an attempt to defame the scholar.
Pakistan – Of friends and us
A student at the Pak-Turk School in Lahore was perplexed at the abrupt deportation of all Turkish teachers at the request of the Turkish President Erdogan. “The Pak-Turk School changed my outlook in life. The teachers were more than simply teachers, they were mentors and helped students in all aspects of life,” this student exclaimed. “Why are they kicking out my teachers who have done so much for my country?” he wondered.
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D.C.-based law firm gathers intel on U.S. residents for Turkey – WSJ
