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.
Father jailed over Gülen links, 6-months-old paralyzed baby left in intensive care
Y., the father of a 6-month-old disabled baby, was reportedly arrested almost three months ago over alleged links to the Gülen movement. The newly-born disabled baby has been left with the mother, who told the news portal that the baby underwent three expensive and crucial surgery in the past three months.
Report reveals repercussions of AK Party fight against Gülen movement in Africa
A report released by the prestigious London-based think tank Chatham House has praised the efforts of the faith-based Gülen movement in Sub-Saharan Africa (SSA), saying that it has been a major driving force of Turkey’s engagement in the region; however, it has warned that the Justice and Development Party’s (AK Party) ongoing battle against the movement may hamper further Turkish presence there.
Is there anybody there for Kimse Yok Mu?
Pink Floyd says the following in their song Comfortably Numb: “There is no pain you are receding. A distant ship, smoke on the horizon. You are only coming through in waves.” I think these words reveal what is going on in the “new Turkey” under the Justice and Development Party (AK Party) government.
Turkey harshly criticized by panel in US over press freedom
The government’s recent crackdown on the media was severely criticized during a panel discussion at the National Press Club (NPC) in Washington, D.C.
What is this bedlam all about?
So, as expected, Prime Minister Recep Tayyip Erdoğan declared all-out war. The enemy — what he and his advisers regard as “the junta formation within the police,” the media, the judiciary, the American Embassy, affiliates of the mainly volunteer Hizmet movement, and, well, whoever seems to disagree with the way he intends to run the country and whoever tends to believe there is no smoke without fire — have dug their trenches in a circle.
Will Gülen movement become a political party?
Esteemed Fethullah Gülen frequently underlines: “Forget getting a share of political power. We cannot accept control of the world even if it is presented to us on a gold tray because this would create disappointment among those actively supporting our cause. And people would think ‘They’ve also been deceived by the love of position and sense of interest. All these [voluntary] efforts were for the sake of getting a share in the political power’.”
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