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.
Erdogan’s war on education: The exodus of Turkey’s teachers
They were happy when Greek police caught them. “They treated us very well,” Hakan says. “Zehra told us she felt safer spending [several nights] in jail than [she did] in Turkey. She said: ‘The Greek police are keeping us safe from the Turks.'”
It is shame not to reopen Halki Greek Orthodox Seminary
Sometimes you need many pages to properly express a feeling or idea. Sometimes a sentence is enough to depict that dominant feeling or idea. This is the very feeling I personally have in the face of the debates concerning the reopening of Halki [Greek Orthodox] Seminary on the island of Heybeliada near İstanbul, which was closed down in 1971 by the interim regime formed in the wake of a military memorandum in Turkey. “Shame” is the only word I can find to describe this feeling.
Turkish Islamic scholar Gülen rejects any link to graft probe
Turkish Islamic scholar Fethullah Gülen has rejected any link to an ongoing corruption probe in which 52 people, including well-known businessmen, the sons of three ministers, and a number of advisors, have been detained as part of a major investigation into alleged bribery linked to public tenders. Gülen strongly denied allegations that the probe was launched as part of a row between the government and the Hizmet movement.
The demise of Turkish democracy
A total of 84 American foreign policy experts have written a bipartisan letter to US President Barack Obama, expressing concern that Prime Minister Recep Tayyip Erdoğan’s autocratic actions and demagoguery are not only subverting Turkey’s political institutions and values but also endangering the US-Turkey relationship.
The Gulen Movement Is Not a Cult — It’s One of the Most Encouraging Faces of Islam Today
How will it end? Erdogan has beaten Hizmet decisively. But he is planting the seeds for his own destruction. How and when he will fall remains unclear. Meanwhile, on the international scene, Turkey is rapidly becoming a pariah. The country itself is now his primary victim.
Swiss investigate spying on Turkish community
The Swiss foreign minister told his Turkish counterpart on Thursday that Switzerland would “rigorously investigate” any illegal spying by Ankara on expatriate Turks before an April 16 referendum that could expand Turkish President Tayyip Erdogan’s powers.
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