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.
Closing down prep schools and calling it ‘transformation’
BÜŞRA ERDAL, İSTANBUL Describing the government’s plan to close down the prep schools as a “transformation” is nothing more than saying, “I’m not going to say ‘close down prep schools,’ but I’m going to close them down.” The draft law in question will affect millions of students and their parents, but the debate on prep […]
Court wants up to 11 years for Samanyolu TV director
A prosecutor has filed charges against a director of Samanyolu TV accusing him of “insulting” and “slandering” Prime Minister Recep Tayyip Erdoğan and fomenting “grudges and hostility among the public,” demanding up to 11 years and two months in prison.
Gülen sues Ankara chief public prosecutor for defamation after terrorist label
Fethullah Gülen’s lawyer has filed a civil lawsuit claiming compensation against Ankara Chief Public Prosecutor Harun Kodalak for calling the Turkish Islamic scholar the leader of a terrorist organization, Gülen’s lawyer Nurullah Albayrak announced in a written statement
Hate discourse directed against Hizmet movement
It is impossible not to see the polarization among the people over the upcoming presidential elections; this polarization raises serious concerns. It is also possible to consider the verbal attacks and violence against the Hizmet movement in the context of the literature on politicide and genocide. However, not only the Hizmet movement will suffer from repressive-hegemonic politicide. The entire country of Turkey will be hurt by this.
Police raid Gülen-inspired schools in Adana despite ministry regulation
The Adana Police Department early on Thursday coordinated with inspectors from several ministries and other institutions to conduct raids on private schools, dormitories and prep schools established by volunteers inspired by the Gülen movement, despite regulations stating that only the Education Ministry may perform such inspections.
Can the EU be blamed for Erdoğan’s authoritarianism?
It may be speculated that the EU’s resistance to Turkey’s European integration has to a certain extent played a role in Prime Minister Recep Tayyip Erdoğan’s slide into authoritarianism. If the EU had consistently backed its accession process, Ankara may have consolidated democracy and rule of law, so that such a concentration of power could have been avoided.
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Unity in diversity
Mothers, fathers crying and praying due to extensive victimization
