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.
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The raid came just two days after Turkey’s Student Selection and Placement Center (ÖSYM) announced the results of the Higher Education Entrance Examination (YGS), which revealed that students from Gülen-inspired schools are among the top scorers of the exam, casting doubt on the objectivity of the raid.
Turkey’s post-coup brain drain
Bekir Cinar was working as an assistant professor at the political sciences department of Suleyman Sah University when it fell victim to the crackdown. He says that many academics with different views were working at the university. Cinar is currently continuing his scientific work at a British university. He considers this a major loss for Turkey, not least because it takes 20 to 30 years to become an academic.
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It is very pleasing to hear that, just as in Uganda, a prime minister mentions Turkish schools out of the blue and these schools have strong ties to the highest profile officials, as well as to civil society groups and even members of minority religions in those countries. Deputy Prime Minister and State Minister Bülent […]
Securitizing the Hizmet / Gulen movement
Turkey’s most influential and widely respected civil society organisation, the Hizmet movement, is under continual attack by PM Erdoğan who accuses it of seeking to establish a “parallel state”. Such rhetoric and ‘securitization’ may destroy the democratic fabric of Turkish society.
Rebecca Harms: Working in Gülen-linked educational institutions not a crime
Speaking during the general assembly of the European Parliament (EP) on Thursday, Harms said working in institutions such as schools or universities with links to the Gülen movement is not a crime and that, similarly, being critical of the government and being a critical journalist are not crimes.
Samanyolu TV, Kimse Yok Mu raise TL 65 million for quake victims
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