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.
Turkish President Recep Tayyip Erdoğan on Saturday lashed out at Kosovo Prime Minister Ramush Haradinaj for dismissing the interior minister and the secret service chief over the abduction of six Turkish nationals to Turkey, threatening that he would pay for it.
Answers to slanderous accusations about Hizmet movement
The Journalists and Writers Foundation (GYV) has responded to a series of controversial claims and slanderous accusations made about the Hizmet movement which the foundation said are designed to pit the government against the movement and create tension between the two. Releasing a statement on Tuesday, the foundation felt an obligation to respond to the allegations as a sign of respect for the public’s right to be informed.
Detainee says was pushed to make accusations about Gülen movement
Cleaning company owner Abdullah Yıldırım, who testified in court as part of an investigation launched based on a complaint from Okyanus Group CEO Nusret Argun, said police officers encouraged him to make accusations about the faith-based Gülen movement during interrogation.
Turkey’s purges are hitting its business class
It is not clear when the government will begin auctioning off seized firms. The risk is that the economy may gradually come to resemble Russia’s, where political loyalty is the price for keeping a slice of the pie. “It is like watching a piece of snow roll down a mountain,” says a veteran civil servant ousted in one of the purges. “You think it won’t hit you, until you realise it’s becoming an avalanche.”
Turkey detainees tortured, raped after failed coup, rights group says
Jason Hanna and Tim Hume Captured military officers raped by police, hundreds of soldiers beaten, some detainees denied food and water and access to lawyers for days. These are the grim conditions that many of the thousands who were arrested in Turkey face in the aftermath of a recent failed coup, witnesses tell Amnesty International. […]
The Real Enemy Within Turkey
On the hot evening of August 20 in Gaziantep, Turkey, a still-unidentified person wearing an explosive vest laced with ball bearings navigated a series of narrow alleyways in the city’s Akdere neighborhood. He approached a wedding put on by a Kurdish family from Siirt; they were hosting a Henna night, a traditional ritual where the hands of the bride-to-be are tattooed with temporary ink. At 10:50 pm, the young man’s bomb exploded, killing 54 people. At least 31 were under the age of 18.
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