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 After the July Coup Attempt – Alan Makovsky’s testimony before Committee on Foreign Affairs
The vastness and persistence of the purge of the civil service, arrests of journalists, and closure of media outlets—many seemingly having nothing whatsoever to do with the exiled Turkish preacher Fethullah Gülen or his Gülenist movement that the Turkish government blames for the coup attempt.
PM’s son: Dad, let’s initiate an operation against Hizmet’s senior members
Prime Minister Recep Tayyip Erdoğan’s son Bilal allegedly urged his father to trigger an operation to detain prominent figures of the Hizmet movement in response to an ongoing graft and bribery investigation implicating Erdoğan, his family members and a number of ministers and businessmen close to him.
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594 Young Children Growing Up In Turkish Prisons
Five hundred ninety-four children under the age of 6 are being kept with their mothers in Turkish prisons, Turkey’s Ministry of Justice said, the Diken news website reported on Tuesday.
Erdoğan’s African mission and dismantling Turkish schools
How do Recep Tayyip Erdoğan’s repeated calls for the closure of Turkish schools located on the African continent, particularly in Sub-Saharan Africa, serve Turkish national interests? It appears that in his fight against a “parallel structure,” which he equates with institutions and people inspired by the faith-based Gülen movement, also known as the Hizmet movement, the current Turkish president is losing a sense of direction.
Pro-gov’t daily proudly announces Gulenists put in ‘concentration camp’
Gulenists under custody as part of an investigation into Turkey’s July 15 coup attempt are kept in a “concentration camp” near Kayseri province, pro-gov’t Turkish news portal Kayseri Haber reported on Aug 13.
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