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.
Hundreds of thousands homeless as Turkey’s southeast lay in ruins
When the residents of Sirnak returned to the city last month after Turkish authorities lifted eight-month curfew during intense urban fighting between the Turkish security forces and Kurdish insurgents, they were shocked with what they saw: there was no home where they left.
Hizmet movement and perceptions
We are going through a very critical period. We need the common sense and support of all the precious members of the Hizmet movement as we have never needed them before. We must protect our democratic gains. I pen this article as a person who closely sided with the Hizmet movement during the attacks of Ergenekon — a clandestine organization nested within the state trying to overthrow or manipulate the democratically elected government — and the deep state, and who backed its justified objections to the government’s plan to shut down the prep schools.
[Event of the Week] Gülen breaks his silence, responds to allegations
Having stayed largely silent in the face of relentless attacks amounting to hate speech by beleaguered Prime Minister Recep Tayyip Erdoğan, who was incriminated in a massive corruption scandal, Fethullah Gülen spoke to Today’s Zaman and provided his account of how he sees the recent events in Turkey in his first interview with the Turkish media since Dec. 17.
Gülen’s letter to Gül
Koru told Gülen to express his feelings in a letter. The scholar wrote this letter on Dec. 22. Koru took the letter to its addressee, the president. He met with the prime minister the same day in Ankara and told him about his impressions from his contact with Gülen. I mean to say, there is not “bargaining” or “mediation.” There is only a “goodwill initiative” here.
Turkey’s largest charity group targeted
Turkey’s political Islamists, armed with abusive government powers, are deliberately and maliciously trying to strangle the country’s leading private charity group, Kimse Yok Mu, in order to dismantle an important barrier in front of the awkward social engineering project of turning this moderate Muslim nation into a bastion for ideological zealots.
How Erdogan is covering up the corruption scandal
In a blunt violation of Turkish laws and ethical norms, authorities removed nearly 100 police chiefs, who were either involved in the graft raids or pose a possible risk to the government. Two additional prosecutors were appointed to supervise the case, a move mostly interpreted by experts as an attempt to control the judicial process. The government has launched an unprecedented witch-hunt in public institutions and continues to purge any bureaucrat it believes could be cooperative with prosecutors in the graft investigation. Four ministers whose names were linked to these investigations refused to step down despite calls from the opposition.
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