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.
Turkey, The great purge – Four lives upturned by Erdogan’s ‘cleansing.’ Episode 3 – Omer
It was a tweet that set it all off. An innocuous post that plunged Omer Faruk Gergerlioglu into a personal, administrative and political hell — and a private trauma that has publicly exposed a growing rift within Turkey’s Islamists.
AK Party takes action to expel deputy who opposed closure of prep schools
Prime Minister Recep Tayyip Erdoğan’s ruling Justice and Development Party (AK Party) referred Kütahya deputy İdris Bal — who opposed the government’s planned closure of prep schools (dershanes) — to the party’s disciplinary board for expulsion on Thursday. Bal, reiterating his opposition to the closure of prep schools, he said that such a move would violate the Constitution.
Pakistan – Of friends and us
A student at the Pak-Turk School in Lahore was perplexed at the abrupt deportation of all Turkish teachers at the request of the Turkish President Erdogan. “The Pak-Turk School changed my outlook in life. The teachers were more than simply teachers, they were mentors and helped students in all aspects of life,” this student exclaimed. “Why are they kicking out my teachers who have done so much for my country?” he wondered.
Parents protest demolition of Fatih College wall
Parents from Merter Fatih College gathered in front of the İstanbul Metropolitan Municipality building on Wednesday to protest the demolition the wall of the school as well as a security cabin in the school’s courtyard by municipal teams in the early hours of Tuesday morning.
Teacher jailed with 3-day-old baby released only to house arrest with ankle bracelet
Aysun Aydemir, an English teacher who was jailed with her three-day-old baby on Monday, has been released only to house arrest with an electronic bracelet on her ankle.
ALDE’s Watson says illiberal state leads to unjust action against Gülen followers
Sir Graham Watson, the outgoing president of the Alliance of Liberals and Democrats for Europe (ALDE) Party, has said, while citing the consequences of a country’s deviation from liberal values, that the politically motivated moves targeting the followers of Turkish Islamic scholar Fethullah Gülen are the result of an illiberal state.
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