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.
President Gul says debates over prep schools should not lead to ‘resentment’
Turkish President Abdullah Gül has said ongoing debates over a recent controversy over the government’s move to shut down prep schools should not lead to “resentment.” The government’s plan to ban private tutoring institutions that train students for high school and university entrance exams has divided society and led to fear among some segments of the public that socioeconomic differences may further affect students’ academic achievement after the closure.
Turkey’s teachers, police officers join unskilled labor force after coup purge
Many public servants, including police officers and teachers, found themselves working at unskilled jobs in the labor market after being dismissed following decrees issued by the Turkish government in the aftermath of a coup attempt on July 15, 2016.
Police raid successful Gülen-inspired schools, kindergarten in eastern Turkey
As one of the numerous raids against the schools affiliated with Gülen movement, popularly known as Hizmet Movement, two schools and a kindergarten were raided by police along with inspectors on Friday morning.
AK Party’s Islamism
Apparently, Erdoğan has sought not only to be unrivaled within Turkey, but also to create a totalitarian country according to his religious mentality using the resources available to him. The corruption investigations remove the veil over the details of this totalitarian project.
[Alleged] “Coup leader” Gülen’s friendships with the Catholic Church
Erdogan’s propaganda channels and instruments have been referring to Hizmet as the “Gülenist Terror Organisation” for years and over the past months, this full-fledged criminalisation campaign has often seen relations between the Hizmet network and the Catholic Church – including the Vatican – being dragged into it. This has primarily been witnessed in the most staunchly nationalist press channels.
Turkey- the state versus the people
Using the failed military coup attempt on July 15 as a pretext, President Recep Tayyip Erdogan orchestrated a huge purge of more than 100,000 people from the civil service without bothering to implement administrative or judicial investigations.
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