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.
Another new mother detained in Turkey over Gülen links
Büşra Öztürk, the mother of a 22-day-old baby, was detained in Ankara on Wednesday for alleged links to the Gülen movement. Turkish law requires postponement of the arrest of pregnant women until they give birth and the infant reaches the age of six months.
Erdogan’s Maarif Foundation To Contribute Radicalism, Exacerbate Muslim-Christian Tension In African Countries
Turkey’s President Erdoğan has aimed at replacing the positive contributions of the schools opened by the Gülen movement in Africa to preventing clashes in countries, where there is Christian-Muslim tension, with radical Islamist rhetoric and thus will create conflict rather than dialogue in African countries, stated a report recently released.
Is it struggle between AK Party and Hizmet?
A prosecutor, Mr. Sadrettin Sarikaya, recently invited head of Turkish Intelligence Agency (MIT) for testimony that caused political controversy. Many journalists and politicians claimed that behind this was Fethullah Gulen. Mr Sarikaya’s accusation was that some intelligence agents that infiltrated the Kurdish terrorist group to provide intelligence were actually not performing their job, and moreover […]
Turkish Olympiad most effective promotion for Turkey, says FM
Turkish Foreign Minister Ahmet Davutoğlu has praised the 11th International Turkish Olympiad, a festival that celebrates the Turkish language, as the “most effective” instrument for promoting Turkey, while receiving students visiting Turkey as part of the Olympiad. Davutoğlu said he has been a fan of the Turkish Olympiads for a long time, noting that […]
What should we expect from 2015?
As you may know, the Justice and Development Party (AKP) and President Recep Tayyip Erdoğan have been able to postpone the Kurdish settlement process they started in 2009 until after the 2015 elections.
Turkish editor hits out at media coercion under Erdoğan
Segments of the Turkish media remain fiercely anti-government, however, including secularist dailies Sözcü and Cumhuriyet, and more recently Zaman and Bugün, which are close to Gülen and have become more critical since the graft scandal erupted.
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