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.
Legal action against Gülen in the US: A golden opportunity for Gülen
No one will be able to say members of the movement are complaining about Erdoğan in the US. They will defend themselves against Erdoğan’s attorneys who are paid millions of dollars. Thus, Erdoğan has placed a red carpet in front of the movement. The rest is up to how the movement performs…
The story of the government media’s smear campaign against Hizmet
The pro-government media — or more correctly the “government media,” as it has become apparent that they have been bought by businessmen under orders from the prime minister — has manufactured and published lies about the Hizmet movement, which has a four-decade proud history in Turkey, in an attempt to create the perception that it is a criminal organization.
Time for win-win in trade for Turkey, Portugal
ERGIN HAVA, İSTANBUL Amid global economic volatilities, Turkish and Portuguese companies must begin establishing partnerships in fast-growing markets in which each has wide experience before they lose more time missing opportunities in this area, a Portuguese business union head has told Today’s Zaman. Francisco Mantero, the vice president of the board for the Community of […]
The gov’t in Turkey is committing genocide
Fundamental human rights and freedoms have been suspended in Turkey, people’s right to work, freedom of the press, the right to property ownership, the right to a defense in a court of law, the right to travel and the right to a fair trial have all been annulled while the principle of presumption of innocence has been totally disregarded. People have been subjected to collective punishment through the practice of “enemy law.”
Hatred-inciting discourses and the debate on ‘genocide and crime against humanity’
Speaking to reporters on April 29 during his return from an official visit to Kuwait, President Erdoğan made these much-debated remarks: “Those belonging to this organization [Hizmet movement], from top to bottom, should certainly pay a price. They will either respect state authority or WILL PERISH.”
US House Foreign Affairs Subcommittee: Charges against Gülen not credible
US House Foreign Affairs Subcommittee Chairman Dana Rohrabacher said during a hearing titled “Turkey after the July Coup Attempt” in the House Foreign Affairs Committee on Wednesday that the Turkish government’s claims against a US-based Turkish scholar for masterminding the July 15 coup attempt lack substantial evidence and were not credible.
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