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.
Police officials who carried out graft operation detained in raids
As many as 100 high-ranking members of the police force were detained in a large-scale operation which began late Monday night/early Tuesday morning in over 20 provinces as part of the government’s attempt to contain an embarrassing graft scandal which has implicated several ministers and dozens of pro-government businessmen. The operation has been described as […]
How It Feels to Be a Dissident in Turkey After the Failed Military Coup
LOUISE CALLAGHAN To plan a speedy political exile from Turkey today, you need two things: a world map and the Wikipedia page on “visa entry requirements for Turkish citizens.” If you get out a highlighter and start cross-referencing the two, you’ll quickly see the bottom half of the map is more accessible than the top. […]
Courts order corrections to gov’t media stories on Hizmet
Several courts have ruled against untruthful stories published or broadcast by media institutions close to the government about the Hizmet movement, which Prime Minister Recep Tayyip Erdoğan has accused of trying to undermine his government, but most newspapers and stations have not published the corrections as they should according to the rulings.
Detained woman, newborn baby transferred to prison 1,291 km away from home
Detained in the southern province of Isparta, Turkey, as part of a post-coup investigation, a woman, identified with initials Ö.A., has been transferred to a prison 1,291 kilometers away from home. Her 6-mont-old baby reportedly accompanied her under detention as her husband was already in jail as part of an investigation in the aftermath of the July 15, 2016 coup attempt.
Alaton: I’m telling everyone about Turkish schools’ contribution to world peace
On June 12, the Turkish Olympiads children from around the world visited the businessmen Ishak Alaton and Mustafa Suzer. Referring to the Turkish Olympiads event as a “grand organization”, Ishak Alaton said he’s been telling his circle about the Turkish schools’ high quality education and contribution to global peace. The Olympiads children, who have been […]
The Failed Military Coup In Turkey & The Mass Purges: A Civil Society Perspective
Both Turkish society and the world celebrated the fact that an anti-democratic intervention in the government was prevented. Turkish government has every right to pursue plotters within the law. The actions of President Erdogan’s government in the immediate aftermath of the coup, however, constitute a mass purge rather than a proper investigation.
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