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.
Turkish Alevites, Sunnis show solidarity during Eid al-Adha
The Turkmen -Alevite-Bektasi Association (TABA) and the Kimse Yok Mu Association helped families in Kirklareli’s Hasandede town, Turkey, who could not afford to sacrifice an animal in this Eid al-Adha. During Eid al-Adha meat from sacrificed animals were distributed to 100 predetermined needy families making them enjoy the holiday.
Turkey arrests Fethullah Gulen’s barber from 26 years ago
At least 16 people have been detained in the western province of Izmir, including a 50-year-old hairdresser, identified as İ.D., who used to give haircut to Fethullah Gülen during 1990s.
Government oppression of confederation hurts Turkish exports to Africa
As a part of a prolonged campaign of intimidation against opposition figures and institutions, the government has been engaging in oppression of the TUSKON — which had had a strong presence in African countries — and contributing to the deterioration of already weakened Africa-bound Turkish exports.
Veteran out of social security coverage after being dismissed in post-coup purge
Being a veteran is no relief from Turkey’s government witch hunt as M.E.Ç., a former police officer who lost his one ear and eye to clashes with the outlawed Kurdistan Workers’ Party (PKK) says he cannot benefit from a state-backed social security coverage to undergo a surgery after dismissal.
Opposition, diplomats slam gov’t attempt to shut down Turkish schools
The government’s attempts to shut down Turkish schools abroad which are affiliated with the Hizmet movement, inspired by the teachings of Turkish Islamic scholar Fethullah Gülen, have been severely criticized by opposition members and diplomats.
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How will it end? Erdogan has beaten Hizmet decisively. But he is planting the seeds for his own destruction. How and when he will fall remains unclear. Meanwhile, on the international scene, Turkey is rapidly becoming a pariah. The country itself is now his primary victim.
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