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.
Coup Commission members: Now is similar to Feb. 28 coup period
Members of the parliamentary Coup and Memorandum Investigation Commission, set up to investigate past coups, have said a number of anti-democratic moves begun after the launch of a wide-reaching corruption investigation, including the removal of thousands of civil servants and discrimination against members of a faith-based group, have said the practices are similar to what occurred in the run-up to the Feb. 28, 1997 unarmed coup.
Government plans to unlawfully take over aid organization
The Justice and Development Party’s (AK Party) efforts to undermine the largest aid organization in Turkey, Kimse Yok Mu (Is Anybody There?) reached a new level with alleged preparations to dissolve the board of the organization and appoint a trustee instead, although no legal grounds exist for such a move.
UN representative found evidence of torture in Turkish prisons
The majority of the abuse occurred during the times of arrest and interrogation, his report noted, adding that most of those who have been subjected to torture have not filed complaints “for fear of retaliation against them and their families and because of their distrust in the independence of the prosecution and the judiciary.
Amnesty laments treatment of Turkey purge victims
Those who believe they were wrongfully sacked can apply to a special commission to have their case reviewed and either be reinstated or compensated. The commission has “failed to uphold international standards and is acting as a de facto rubber stamp for the initial flawed decisions,” Andrew Gardner, Amnesty’s Turkey strategy and research manager, said.
You couldn’t meet a nicer bunch of people: answer to defamation
Why do some portray Gülen and the residents of the retreat center, where he lives, as terrorists, while their neighbors describ them as “you couldn’t meet a nicer bunch of people”? Fethullah Gülen is one of the fruit-bearing trees of our time. He is as tall as the pine trees of the Pocono Mountains in Pennsylvania, where […]
13 recommendations to MGK secretary for inclusion in ‘Red Book’
The president pays attention to the current National Security Council (MGK). He is determined to declare Hizmet a terror organization. President Recep Tayyip Erdoğan is not interested in the Islamic State in Iraq and the Levant (ISIL), Kobani, Syria, the approximately 3 million refugees and the murder of 40 people in violent protests. His only concern is Hizmet. Given that the MGK is designed to be a place to discuss personal concerns, I, as a citizen, would like to raise some points of recommendation for the MGK secretary-general for possible inclusion on the agenda of the council.
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