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.
The AKP government thinks that by labeling corruption investigations and operations as a “coup” and calling those behind them as “parallel state” that it has found a justifiable way to interfere with the judiciary. Otherwise the government would not have submitted a draft bill to the parliament that totally eliminates the functional independence of the judiciary bureaucracy and promotes the minister of justice, who represents the executive branch, to the status of single decision-maker.
Turkish minister’s leaked email shows trustees to Gulen affliated organizations not appointed by courts
In the email Ahmet Özal says: “Definitely, trustees will be appointed to Turgut Özal University. … I think the esteemed president will also be happy if I cleanse Turgut Özal University [of Gülen sympathizers] and end the association between that community and my father’s name. I would be very pleased if you could convey this issue to the president [Erdogan] and help me get his support and approval.”
Suspicious Deaths And Suicides On The Rise In Turkey With 54 People In Last 8 Months
Against the background of massive crackdown on critics and opponents in Turkey and widespread torture practices in detentions and prisons, 54 people were reported to have lost their lives, most under suspicious circumstances and under lock-up in the last eight months.
High court accepts indictment against Cihaner and Gen. Berk
The Supreme Court of Appeals on Friday accepted an indictment concerning a former third army commander and a prosecutor, who is currently a Republican People’s Party (CHP) deputy, accusing the two men of founding and running a terrorist group. 2 March 2012 / TODAY’S ZAMAN, İSTANBUL The action plan details a military plan to destroy […]
Criminal complaint filed against media organizations publishing Gülen’s speeches
An organization called the Law and Democracy Foundation which was established by lawyer Mehmet Ali Canlı, a Justice and Development Party (AK Party) hopeful in the June 7 general election, on Wednesday filed a criminal complaint against media organizations that publish the speeches of Fethullah Gülen, a renowned Islamic scholar.
Turkish police raid Zaman building, attempt to detain editor
The police reportedly came to detain Zaman daily editor-in-chief Ekrem Dumanlı. The officials said they could not “fulfill their tasks” because of the pressure and had to leave the building. Protesters chanted unceasing slogans such as “Free Media Cannot be Silenced.”
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