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.
The Gulen Movement has become Turkey’s most significant export
The Gulen movement has become a global movement. In other words, it is Turkey’s most important export. When you cross boundaries, you have to watch the balance. His statement on the flotilla incident was both domestic and international. However, we must not forget that Gulen does not recommend that people fight those in authority. His statements disturbed both the government and the conservatives in Turkey.
Twitter user apologizes for Gülen ‘traitor’ insult, blames politicians
Nuray A., who called Turkish Islamic scholar Fethullah Gülen a “traitor” in a Twitter post, told a court on Tuesday that she only used the expression after first hearing politicians use the word against Gülen, and apologized for imitating them.
Scholars: Misconceptions of Islam still abound
SEVGI AKARÇEŞME, İSTANBUL The subject of misconceptions of Islam dominated the debates at the international conference organized by the Foundation of Journalists and Authors (GYV) and Fatih University in İstanbul today. The event, titled “The Practice of Coexistence in Islamic Civilization and Contemporary Interpretations,” started on Friday with the participation of international scholars and leading […]
40 CSOs in US slam hate speech being used by gov’t officials
NEW YORK A total of 40 civil society organizations serving in various states of the US under the umbrella of the Houston-based Turquoise Council of Americans and Eurasians (TCAE) have criticized the hateful language adopted by top government officials after a major corruption scandal erupted back in December, saying that society is deliberately being polarized […]
Turkey: Democracy in peril – A human rights report
In a springtime of hope, the first decade of the 21st century, Turks and outside observers shared a dream that Turkey might become that bright star in an otherwise muddled constellation of the Middle East—a real democracy in a predominantly Muslim country, committed to civil liberty, human rights, pluralism, and civil society. That hope has disappeared as but a short- lived meteor in the dark, troubled sky. It is no more; and there is little optimism for its return in the foreseeable future. Turkey’s democracy is in regression.
Woman sent to prison on coup charges hours after surgery
Ayşe Bulut Yanılma, a female teacher who used to work at a prep-school affiliated with Turkey’s Gülen group, has been arrested by a Turkish court hours after she had a surgery at a Kocaeli hospital.
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