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.
Turkish inmate jailed over alleged Gülen links dies of heart attack in prison
Mehmet Çataklı, a 51-year-old inmate jailed over alleged links to the faith-based Gülen movement, died of a heart attack on Saturday in İstanbul’s Marmara Prison the TR724 news website reported.
Children from all over the world embarked on Turkish voyage
Around 22 years ago, Fethullah Gülen said, “The day will come when you will no longer fit into the stadiums.” In fact, it turned out to be true. The Turkish Olympiad, which began in 2003 with young people from 17 different countries, has grown to the point that this year we hosted 2,000 students from 140 countries. The Olympiad came to an end in Istanbul with a magnificent final ceremony.
Civil society will not bow
Turkey is effectively governed by President Recep Tayyip Erdoğan, in violation of all the constitutional provisions that define a parliamentary system and a presidential oath that obliges him to maintain political neutrality. Claiming that serious corruption allegations against members of his Cabinet and family were fabricated in a conspiracy to topple his government by what he calls the “parallel state”
Beating ‘domestic enemies’ in the game of ‘advanced’ democracy
The writers, intellectuals and the journalists close to the Hizmet movement have, from the very beginning, called on the government to take legal steps against those whom he constantly labels the “parallel state” so that they could also know who they are.
Is the Gulen Movement a Threat to the Turkish Government?
Hakan Yesilova The Turkish press has been dominantly occupied with the coup and violence in Egypt and Syria, and one more issue that has erupted, as if out of no where, is a so-called rift between the government and the Gulen Movement (GM), an influential faith-inspired educational movement. The story goes that some influential circles […]
Erdogan’s Arch-Enemy Accuses Turkish President Of Staging Coup, Compares Him To Hitler
And as many expected, Erdogan once again accused Gulen of being responsible for the Friday coup, no matter how ridiculous such an allegation sounded. This time Turkey went so far as accusing the US of being “behind the coup” for harboring Gulen. As for Gulen’s position, he had denied as recently as yesterday.
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