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.
A Turkish coup, a family torn apart, a dramatic escape on foot: ‘Can you believe the things we went through?’
She could stay in Turkey where she might end up imprisoned, at risk of torture and sexual assault, and separated from her young children. Or she could take them on a dangerous journey, with no guarantee of survival.
The Turkish assassin is a product of Tayyip Erdogan’s incitement
Karlov’s murderer was Mevlüt Mert Altintas. He did not grow up in a vacuum. Five years ago, Erdogan acknowledged his goal was “to raise a religious generation.” Altintas is its product. He was seven years old when Erdogan came to power; his whole schooling was under Erdogan. If history is any pattern, the violence in Turkey is just beginning and Erdogan will not be able to contain it, even if he is inclined to try.
Turkey’s Post-Coup Purge and Erdogan’s Private Army
A year later, Western intelligence officials and top Turkey analysts aren’t nearly so sure of Gulen’s complicity. Earlier this year, German spy chief Bruno Kahl revealed that Ankara has failed to convince the BND foreign intelligence agency that Gulen was behind the ill-planned and executed coup plot. “Turkey has tried to convince us of that at every level, but so far it has not succeeded,” Kahl told the German weekly Der Spiegel in March.
France Urges Turkey to Respect Rights in Aftermath of Coup
France’s foreign minister urged Turkey on Monday to respect fundamental rights and freedoms in the aftermath of the country’s failed military coup, saying democracy is the best defense against those trying to defy it.
The fate of prosecutors
An election was held at the Ankara Bar Association recently. Nuh Mete Yüksel, who was among the powers that be in the prosecutorial community in the past, entered while this was taking place. He was once an awe-inspiring prosecutor. Apparently, he retired from prosecuting and became a lawyer. Of course, he is now deprived of the terrifying appearance he had in those years. He no longer has the frigid countenance that would send everyone’s hearts throbbing with fear. As it happens, some lawyers started to protest harshly the “fledgling lawyer.” Moreover, the hall was filled with shouts of “Go away!” So Yüksel had to go back without casting his vote…
[Caliphate in sight] What to expect in 2014 Turkey
Well, under normal circumstances Erdoğan would get neither himself nor his government involved in what looks like plain bribery. But the situation would be completely different if the underlying assumption of the government is that Erdoğan is the de facto caliph.
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