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.
American reporters got an intriguing glimpse into the political mind-set in Turkey
Turkish leaders said they were astonished that they had so far been unsuccessful in persuading the United States Justice Department to even ask a federal judge to extradite Fethullah Gulen. The Turkish government said it had provided the United States with extensive proof against Mr. Gulen, who has denied involvement. But Turkish officials refused in several interviews to publicize a single piece of that evidence.
Three Turkish diplomats seeking asylum in Germany after coup
At least three Turkish diplomats, reportedly including one military attache, are seeking asylum in Germany in the wake of the failed military coup in Turkey, German media cited government sources as saying. That would likely further strain tense ties between Ankara and Berlin after Turkey was outraged by a resolution passed by Germany’s parliament that declared the 1915 massacre of Armenians to be genocide.
Powerful but reclusive Turkish cleric – BBC’s interview with Fethullah Gulen
Fethullah Gulen has been called Turkey’s second most powerful man. He is also a recluse, who lives in self-imposed exile in the US.
Kosovo investigates seizure of Turkish nationals
Kosovo authorities are investigating the arrest and extradition of six Turkish citizens, which activists said represented a violation of human rights, Prime Minister Ramush Haradinaj said on Saturday.
Erdogan caught off guard in latest political crisis
Nobody thought Turkey’s powerful Prime Minister Recep Tayyip Erdogan would be caught so off guard — not after last summer’s Gezi Park protests — as he apparently was before the major graft probe, which involves four of his ministers, including the minister of interior and his sons. It is clear he sees a “shadow state” behind the operation and holds the Gulen movement responsible. Indications are Erdogan intends to “strike back” with a massive purge within the police.
A Forum On Africa in Turkey (I)
Istanbul was peaceful when we arrived to attend the 29th Abant international forum titled: “Africa: Between Experience and Inspiration”. The event which brought together about 160 participants held between June 28-30, 2013 at a serene and scenic mountain resort of Abantu Buyuk Hotel in Bolu,Turkey.
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