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 AKP government thinks that by labeling corruption investigations and operations as a “coup” and calling those behind them as “parallel state” that it has found a justifiable way to interfere with the judiciary. Otherwise the government would not have submitted a draft bill to the parliament that totally eliminates the functional independence of the judiciary bureaucracy and promotes the minister of justice, who represents the executive branch, to the status of single decision-maker.
Turkish schools and businessmen mobilized for Izmir’s EXPO candidacy
The Turkish schools around the globe have been making great effort for Izmir’s EXPO 2020 win. The schools and businessmen have taken action so that Bureau of International Expositions committee opts for Turkey in the voting to take place in Paris on November 27th. “What is lost with Olympics can be made up for in EXPO,” Fethullah Gulen had earlier said.
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.
Military coup documents contain plans to prevent works of Hizmet movement
MUSTAFA GÜRLEK, İSTANBUL Documents retrieved from the General Staff hard disks also feature plans to prevent the works of the Hizmet movement (a.k.a Gulen movement), inspired by the renowned Turkish Islamic scholar Fethullah Gülen. In the documents, the General Staff’s Information Support Unit discussed how to bring the financial sources of the Hizmet movement under […]
Abant Platform discusses thriving relations between Turkey and Africa
SEVGİ AKARÇEŞME, ABANT The unprecedented level of interaction between Turkey and Africa was the dominant theme of the 29th meeting of the Abant Platform on Friday, which convened with the theme of Africa in Abant, Bolu. Participants from Turkey and Africa in the fields of academia, politics and the media agreed that mutual understanding is […]
Leak deepens AKP-Gulen rift
Tulin Daloglu The rift between Turkish Prime Minister Recep Tayyip Erdogan and the prestigious Fethullah Gulen religious movement hit the surface last week. On Nov. 28, Mehmet Baransu of Taraf published a copy of a National Security Council (NSC) advisory ruling under the headline: “Measures needed to be taken to counter activities by the Fethullah Gulen group.” In January […]
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