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.
PM Erdoğan’s arguments on prep schools contradict statistics, facts
PM Recep Tayyip Erdoğan said during a live TV interview on Wednesday night that his ruling Justice and Development Party (AK Party) will not back down from its decision to close prep schools and listed his government’s arguments, many of which contradict official data, statistics and results of surveys carried out on the issue. According to surveys, 85 percent of the families who send their children to prep schools are low-income families.
Woman gave birth while in detention, handcuffed to bed by police
A Turkish woman who was arrested when she was eight months pregnant has recently been released after giving birth while incarcerated. Turkeypurge.com reached out to the victim, who spoke about her experiences under arrest. She preferred not to reveal her identity due to concerns over Turkey’s socio-political environment.
Fethullah Gülen lawsuit [in the US] thrown out in setback for Turkey’s Erdoğan
A US judge has dismissed a human rights lawsuit against Fethullah Gülen, a US-based Turkish cleric who is a former ally turned prominent critic of his home country’s president, Recep Tayyip Erdoğan. The lawsuit, funded by Turkey, had claimed the Muslim cleric in Pennsylvania orchestrated human rights abuses in his native Turkey.
Hundreds gather in front of Silivri Prison to protest media crackdown
Hundreds of people gathered in front of Silivri Prison on Saturday to protest the detention of Samanyolu Broadcasting Group General Manager Hidayet Karaca, who is being held in custody in the prison as part of a government-orchestrated police operation targeting journalists, scriptwriters and police officers.
Young environmentalists awarded at 22nd INEPO
Young environmentalists from different corners of the world who attended the 22nd International Environmental Project Olympiad (INEPO) to find solutions to environmental problems and thus make the world a better place to live have been awarded gold, silver and bronze medals.
Turkic American Convention kicks off with opening gala cruise
İHSAN DENLİ, ALİ H.ASLAN, WASHINGTON D.C. The third annual Turkic American Convention began on Tuesday in Washington, D.C., in an opening gala cruise with the participation of politicians from the US, Turkey and the Turkic republics. Organized by the Turkic American Association (TAA), which represents six regional federations and over 200 community associations, cultural centers, […]
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