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.
Turkey deports former EU official for alleged Gulen-ties
The Turkish authorities prevented a former EU official from entering its territory. Joost Lagendijk, a former EU parliament member and EU rapporteur, was deported from the Sabiha Airport in Istanbul on Sunday.
How will prep school controversy influence elections [in Turkey]?
Gülen is a very important opinion leader in Turkey. He is not a politician but the leader of a social movement featuring religious motives. In addition to his followers, conservative people and groups also pay attention to his views and comments. Even those who are opposed to his worldview send their children to the schools set up by his followers because these schools provide very high quality education and training.
Bittersweet joy for teachers amid prep schools conflict in Turkey
Zaman columnist Ali Ünal expresses how prep schools by the Hizmet movement were established under difficult circumstances under the leadership of Islamic scholar Fethullah Gülen. Preps schools prevent students from falling into bad habits by giving them both life and schools lesson at the same time at reasonable prices, writes Ünal.
Hizmet movement and military coups
İHSAN YILMAZ, Wednesday April 18, 2012 With the democratization of Turkey and the new mentality of the judiciary it has created, prosecutors can now tackle past coup attempts and successful coups, the most recent being the Feb. 28, 1997 coup process. I call it a “process” since the toppling of former Prime Minister Necmettin Erbakan’s […]
President Gul says debates over prep schools should not lead to ‘resentment’
Turkish President Abdullah Gül has said ongoing debates over a recent controversy over the government’s move to shut down prep schools should not lead to “resentment.” The government’s plan to ban private tutoring institutions that train students for high school and university entrance exams has divided society and led to fear among some segments of the public that socioeconomic differences may further affect students’ academic achievement after the closure.
Tables Have Turned for Some Media in Turkish Crackdown
Mr. Kenes says he should have been more outspoken in defense of fellow journalists when the government started targeting its critics more than a decade ago. “Frankly, we did not realize Mr. Erdogan’s real intentions,” said Mr. Kenes, who was convicted last year of insulting the president on Twitter and given a 21-month suspended prison sentence. “When I look at my history, I criticize myself for not showing more sympathy for their cases.”
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