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.
Gulen Slams Turkey Crackdown Before Erdogan Demands Extradition
The exiled cleric accused by Turkey of orchestrating last year’s attempted coup charged President Recep Tayyip Erdogan with seeking to silence critics, as the Turkish leader prepared to push for the preacher’s extradition in a White House meeting with Donald Trump.
49-member team to report to President Erdoğan on Gülen-linked trials
A group of 49 people, nine experts from Turkey’s State Inspection Council and 40 key advisers of President Tayyip Erdoğan, will closely monitor trials concerning the Gülen movement and submit reports to the president.
FM Davutoğlu orders ambassadors to avoid Turkish Olympiads
With only a few months remaining before the 12th Turkish Language Olympiads, Foreign Minister Ahmet Davutoğlu has sent a message to Turkish ambassadors and diplomats serving abroad ordering them not to attend the overseas selections phase of the Olympiads, according to diplomatic sources.
Turkey’s Corruption Probe, And One Question For Erdogan
Figures close to the leading Justice and Development Party (AKP), including sons of cabinet members, are facing serious allegations of bribery and money laundering. The government is denying all accusations and claims the charges are part of a conspiracy with roots both foreign and domestic.
Turkey will hurt own interests if gov’t shuts down Kimse Yok Mu
Former Director for East African Affairs for the US State Department Professor David Shinn said in an interview, “If the government of Turkey is trying to shut down Kimse Yok Mu (Is Anybody There) it would seem to be a case of hurting its own interests in Africa.”
Turkish PM tightens grip on judiciary in parliament vote
CHP had said on Thursday it would appeal the bill in the Constitutional Court if it was approved in parliament. “If you accept this law, soon you will be repealing the constitution,” CHP MP Akif Hamzacebi said during the debate. “This cover-up of the allegations of corruption and bribery today has dealt a big blow to democracy and freedom.”
Latest News
Turkish inmate jailed over alleged Gülen links dies of heart attack in prison
Message of Condemnation and Condolences for Mass Shooting at Bondi Beach, Sydney
Media executive Hidayet Karaca marks 11th year in prison over alleged links to Gülen movement
ECtHR faults Turkey for convictions of 2,420 applicants over Gülen links in follow-up to 2023 judgment
New Book Exposes Erdoğan’s “Civil Death Project” Targeting the Hizmet Movement
European Human Rights Treaty Faces Legal And Political Tests
ECtHR rejects Turkey’s appeal, clearing path for retrials in Gülen-linked cases
Erdoğan’s Civil Death Project’ : The ‘politicide’ spanning more than a decade
Fethullah Gülen’s Vision and the Purpose of Hizmet
In Case You Missed It
Parents: Pak-Turk institutions’ control should not be transferred
