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.
Fethullah Gulen ponders over many issues that range from faith to ethnic problems in Turkey. Furthermore, through faith and cultural values, Gulen is able to mobilize wide and influential segments in the society. I think, his words should be paid attention and listened.
Deputy PM threatens Taraf daily, Baransu for covering controversial MGK docs
Deputy Prime Minister Bülent Arınç on Monday called on prosecutors to take legal action against the Taraf daily and journalist Mehmet Baransu, who last week revealed a controversial National Security Council (MGK) document indicating that Turkey’s ruling Justice and Development Party (AK Party) signed on to a planned crackdown on the Hizmet (Gülen) movement in 2004.
Canadian Globe Editorial- It just gets worse in Turkey
We can reasonably hope that there won’t be any large-scale bloody purges, Stalin-style. But Turkey is likely to grow further away from Europe. The convenient travel visas to the rest of Europe, which many Turks have hoped for, may be a long time away.
Brookings: Takvim’s news on Hizmet movement incorrect, totally ignorant
Commenting on the Takvim news piece, Ömer Taşpınar, a Middle East expert at Brookings, said the news does not reflect the truth and that pro-government dailies publish news supporting conspiracies against the movement.
Gulen Denies Involvement – Erdogan Uses Coup for Repression
“If there is anyone I told about this verbally, if there is any phone conversation, if one-tenth of this accusation is correct, I will band my neck and say, ‘they are telling the truth, let them take me away, let them hang me.'” Gulen conceded some supporters might have been among the rebels. I would consider them to be disrespectful of my long-time ideas.
Gov’t media maintain attack on Bank Asya
Turkish daily Yeni Akit, with close links to President Recep Tayyip Erdoğan, reported on Sunday that Bank Asya extended loans to certain Turkish-owned companies abroad and failed to collect these loan debts.
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