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.
They hope to cover up the corruption investigation and the reassignment of thousands of police officers and dozens of prosecutors and judges that had been planned much earlier. When the prime minister opted to use the language of insult, his copycat ministers and deputies who want to be popular with the prime minister began to use even more violent language.
Nigeria Gives 7-Day Ultimatum to Turkish Government to Release Over 50 Nigerian Students Held in Detention
The House of Representatives on Tuesday issued a seven-day ultimatum to Turkish Government to release over 50 Nigerian students being held in detention. The House called on the federal government to urgently deploy all diplomatic options to ensure their immediate release.
Minister Çelik supports Gülen’s call for Alevi-Sunni brotherhood
“I know Gülen is in a struggle for taking precautions beforehand, by telling the possible problems that may occur in the future,” Minister Çelik stated. He supported the call “Let the mosque and the cemevi be side by side,” by Turkish Islamic scholar Fethullah Gülen.
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It would be wonderful if those who refer to the Gülen movement as a terrorist group, label its volunteers as “assassins” or call Gülen a “fake prophet” could see the heartfelt applause the work done by this group [Gülen movement] elicits.
Turkish President Gül: Turkish schools abroad largest non-state project
11 June 2012 / TODAYSZAMAN.COM Turkish President Abdullah Gül has said Turkish schools abroad are the largest non-state project Turkey has ever seen, noting that the schools’ value will only increase in the future. Organizers and participants in the 10th International Turkish Olympiads presented the Karamanoğlu Mehmet Bey Turkish Language Award to the president, who […]
Erdogan may keep winning, but it wont’ do Turkey any good
I don’t believe Ankara is ever really going to stray from its partnership with the U.S., because Turkey simply cannot afford it. The coup — failed though it was — has left the formerly expanding Turkish economy gasping. Credit-rating agencies have lowered the nation’s stock, and the purging of coup conspirators, both real and imagined, has left tens of thousands of crucial private- and public-sector positions empty. Economic growth, meanwhile, is expected to dip.
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