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.
12 detained for raising funds to help families of jailed Gülen sympathizers
Twelve businessmen have been detained in Kayseri province for raising humanitarian relief for families of people jailed in an ongoing crackdown on the Gülen movement. According to the Milliyet daily, police detained the “suspects” at a meeting during which they were raising funds for victimized families.
THY’s Topçu defends embargo on papers, defamation campaign
Turkish Airlines (THY) Chairman Hamdi Topçu has confirmed an embargo on the distribution of dailies Bugün, Taraf, Zaman and Today’s Zaman on THY flights and has admitted having withdrawn a huge amount of cash from Bank Asya in an alleged attempt to force the bank out of business.
Closing down prep schools and calling it ‘transformation’
BÜŞRA ERDAL, İSTANBUL Describing the government’s plan to close down the prep schools as a “transformation” is nothing more than saying, “I’m not going to say ‘close down prep schools,’ but I’m going to close them down.” The draft law in question will affect millions of students and their parents, but the debate on prep […]
Purge-victim businessman sent back to prison a week after stomach cancer surgery: son
Hacı Boydak, a Kayseri-based Turkish businessman, has been put in solitary confinement only one week after he underwent a cancer surgery, according to his son.
Fatih University wins European Universities Championship
The Fatih University basketball team has won the 13th European Universities Basketball Championship, which took place in Slovenia.
Teacher tortured to death by Turkish police found innocent, reinstated to job
Teacher Gökhan Açıkkollu, who was tortured to death while in police custody in the wake of a coup attempt in Turkey on July 15, 2016 over alleged membership in the faith-based Gülen movement, was found innocent one-and-a-half years later and “reinstated” to his job.
Latest News
Turkish inmate jailed over alleged Gülen links dies of heart attack in prison
Message of Condemnation and Condolences for Mass Shooting at Bondi Beach, Sydney
Media executive Hidayet Karaca marks 11th year in prison over alleged links to Gülen movement
ECtHR faults Turkey for convictions of 2,420 applicants over Gülen links in follow-up to 2023 judgment
New Book Exposes Erdoğan’s “Civil Death Project” Targeting the Hizmet Movement
European Human Rights Treaty Faces Legal And Political Tests
ECtHR rejects Turkey’s appeal, clearing path for retrials in Gülen-linked cases
Erdoğan’s Civil Death Project’ : The ‘politicide’ spanning more than a decade
Fethullah Gülen’s Vision and the Purpose of Hizmet
In Case You Missed It
Turks Fleeing To Greece Find Mostly Warm Welcome, Despite History
Turkish NGOs-initiated hospital underway in Uganda
Destici: No one should attempt to change law to save themselves
Threat to destroy the Hizmet Movement a hate crime
Gülen-linked journalist association warns that movement’s support for gov’t can end
After Huge Overseas Accolades IFLC Is Going To Win Indian Hearts On May 07, At Talkatora Stadium New Delhi
Kimse Yok Mu volunteer doctors back from Central African Republic
