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.
Man killed in Yalova over sympathy for Hizmet movement
A 35-year-old man has been killed in Yalova province by a drug addict on the grounds that the victim was a follower of the faith-based Hizmet movement, against which the government of Prime Minister Recep Tayyip Erdoğan has declared battle since last year, and because he was a critic of Erdoğan.
Turkey’s Erdogan takes cue from Hitler, Stalin and Khomeini
There is something deeply disturbing about the direction in which Recep Tayyip Erdogan and his Justice and Development Party are taking Turkey. Writing in this newspaper last week, John Lyons compared the sweeping purges to McCarthyism in the US in the 1950s. That was altogether the wrong analogy.
Japanese journalists express concern over Turkish gov’t pressure on critical media
A group of Japanese journalists who came together with their Turkish colleagues at the Turkey-Japan Media Forum last week in Tokyo expressed shock at the pressure placed on independent media outlets by the Turkish government while speaking about the violation of media freedoms in Turkey.
Kosovo’s Parliament supports commission to probe deportation of six Turks
Kosovo Parliament has on Tuesday voted to establish a commission to investigate how and why six Turkish citizens, suspected of being members of Fetullah Gulen movement, were arrested and deported to Turkey.
Who speaks for Islam in Turkey?
Huseyin Gulerce voiced deep concern about Erdogan’s criticism of Fethullah Gulen “as a fake prophet” at a meeting of the Religious Affairs Directorate. Gulerce asked, “Would not the stability of the country be harmed if the mosques are polarized as such?” He concluded that politics have dominated religion.
Erdogan Purge Against Gulenists Could Prove Lucrative
The power struggle between the Turkish state and the Fethullah Gulen-led Hizmet Movement continues to reverberate in Turkey. The number detained, arrested, jailed, and dismissed from their jobs since the July 15 coup attempt has reached well over 100,000, 40,000 of whom have been detained on suspicion of having links with Hizmet. One third of the highest-ranking armed forces officers have been dismissed. Almost every major institution—military, judiciary, media, education, business—has been affected.
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