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.
Accused Turkish Cleric Assails President on Anniversary of Coup Attempt in WSJ Interview
Fethullah Gulen repeated his declaration that he has never been involved in any coup-plotting. “I never thought that he could go so bad,” said Mr. Gulen, who said that the Turkish president was unleashing mass hysteria inside the country. “Some parts of Turkish society have lost their ability to think.”
Former politicians call on candidates to publicize personal assets
One hundred politicians who previously served in Parliament, including former ministers, issued a declaration on Saturday calling on the candidates in the upcoming local elections to declare their personal assets to the public to prevent allegations of bribery and corruption.
Fethullah Gülen: President Erdogan is suffering from power poisoning
Mr. Erdogan’s witch-hunt in Turkey accelerated with the globalization of the Hizmet movement. When he closed the doors to activities such as language and culture festivals, other countries welcomed them. When Mr. Erdogan urged Turkish ambassadors to lobby their respective foreign governments to help close down schools started by Hizmet participants, those governments refused to go along.
Two volunteers of Gülen Movement reportedly abducted after released by Azerbaijani Court
According to a report, Turkish citizens Ayhan Seferoğlu and Erdoğan Taylan were detained by Azeri police. However, an Azerbaijani court decided to release them. As their relatives were waiting Seferoğlu and Taylan to be free, they have reportedly been abducted by unidentified persons from the backdoor of the courthouse where they were tried.
TUSKON: Twitter ban a disappointment in information age
Turkish Confederation of Businessmen and Industrialists (TUSKON) Chairman Rıza Nur Meral voiced his disappointment on Friday over the decision by the ruling Justice and Development Party (AK Party), which tries to attract voters with promises of democracy, more human rights, increased rule of law and reforms to gain EU membership, to block access to Twitter.
Should I not respond to those who want to strangle me?
HÜSEYİN GÜLERCE The move to close down prep schools is getting complicated. Things are going out of hand, and the discussions over this serious education issue are becoming less serious and more irrelevant. A Justice and Development Party (AK Party) deputy who is also a member of the education commission made a horrible remark comparing […]
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