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.
CHP submits parliamentary question on anti-Hizmet plot
The probe in question accuses the movement of working to overthrow the ruling Justice and Development Party (AK Party) government and possessing arms intended to be used to this end, among other fictitious and unsubstantiated claims.
TUSKON cautions gov’t to make careful decisions on Syria issue
ERCAN BAYSAL, ANKARA Underlining his group’s belief that the government is surely taking the necessary steps concerning tension at the Syrian border, Turkish Confederation of Businessmen and Industrialists (TUSKON) President Rızanur Meral has asked the government to be extremely cautious in its approach to the issue. Responding to questions from reporters regarding the issue during […]
Hizmet schools win 64 out of 120 TÜBİTAK medals despite gov’t pressure
İstanbul’s Fatih Koleji, Ankara’s Samanyolu and Atlantik Schools and İzmir’s Yamanlar Schools, which have been put under pressure by the Justice and Development Party (AK Party) government, picked up 64 medals out of 120 on Wednesday in the 22nd National Science Olympiad and the 19th National Mathematics Olympiad for primary and secondary schools.
Threat to destroy the Hizmet Movement a hate crime
Erdoğan’s harsh attacks on the Hizmet movement, consisting of followers and sympathizers of Fethullah Gülen, reached a summit when he stated on Tuesday, “from A to Z everyone in this organization needs to pay the price. Either they will accept the presence of this state or they will disappear.”
Main opposition brings plans to sink Bank Asya to Parliament
The main opposition Republican People’s Party (CHP) has brought onto Parliament’s agenda claims that some state companies and institutions withdrew massive amounts of money from participation bank Bank Asya in order to push it into insolvency by choking its liquidity conditions.
Ongoing political raids against schools and businesses are unconstitutional
Inspectors from the tax, finance, fire, social security, environment and urbanization, food, agriculture and husbandry bureaus were brought to the school with Smuggling and Organized Crime Police while the students were in session. Such raids have occurred repeatedly across the educational institutions’ branches, along with other schools, on an almost daily basis.
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