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.
Gülen won’t change his stand, urges followers’ patience
Turkish Islamic scholar Fethullah Gülen vowed to defend what he believes despite an organized attack by the government of Prime Minister Recep Tayyip Erdoğan that employs hate speech, slander and outright lies in order to discredit him and members of the Hizmet movement.
US Congressman: No Credibility In Charges By Turkey Against Gülen
US Congressman Brad Sherman said on Thursday that charges against US-based Islamic scholar Fethullah Gülen by the Turkish government and Turkey’s autocratic President Recep Tayyip Erdoğan have no credibility and that he would not be treated with justice if he were in Turkey.
Yeni Asya editor: Erdoğan kept strategy to finish off Gülen movement secret
President Recep Tayyip Erdoğan, who launched an all-out war against the faith-based Gülen movement in late 2013, kept his strategy to eliminate the group a secret until he decided to sever ties with it completely, Yeni Asya daily Editor-in-Chief Kazım Güleçyüz has said, adding the elimination strategy was state-sponsored.
Education Association Defends Zaman University
The Cambodian Higher Education Association (CHEA) released a statement on Saturday defending Zaman University against calls for its closure over alleged links to a group blamed for the failed coup in Turkey last month.
Growing Corruption Inquiry Hits Close to Turkish Leader
In building his political career, Turkey’s powerful and charismatic prime minister, Recep Tayyip Erdogan, relied heavily on the support of a Sufi mystic preacher [Fethullah Gulen] whose base of operations is now in Pennsylvania. Mr. Gulen’s followers “never approved the role the government tried to attain in the Middle East, or approved of its policy in Syria, which made everything worse, or its attitude in the Mavi Marmara crisis with Israel,” said Ali Bulac, a conservative intellectual and writer who supports Mr. Gulen.
Former football star, İstanbul deputy says he is subject to hate crime
AK Party government used the Hizmet movement, its human resources, intellectual muscle and power in the international arena and at home until it became stronger [than the movement].
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