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.
12 detained for raising funds to help families of jailed Gülen sympathizers
Twelve businessmen have been detained in Kayseri province for raising humanitarian relief for families of people jailed in an ongoing crackdown on the Gülen movement. According to the Milliyet daily, police detained the “suspects” at a meeting during which they were raising funds for victimized families.
Turkish schools are being closed down
Foreign Minister Ahmet Davutoğlu stated he had ordered the closure of Turkish schools in 160 countries, arguing that the officials of those schools had sent letters to the leaders of foreign countries in which they complained about the Turkish government. The closure of these schools is a serious step, but the reason for the closure is not based on real evidence.
Hizmet-affiliated schools removed from private school incentive list
The Hizmet schools were in the original list of those institutions which met all the criteria for eligibility to receive financial incentives to accept these students. Announced on Monday, the schools were listed on the ministry’s website until Thursday afternoon, when they were taken off without any explanation. However, an official written notice sent from the ministry to governorates on Thursday said: “It was not deemed proper to give such incentives to education institutions whose managers are under fiscal investigation and interrogation within the scope of the Law No. 5549 on the Prevention of Laundering of Crime Revenues and those that had received punishments fiscal irregularities after due inspections before,” and asked the governorates do what the notice requires.
Erdogan’s ego eclipses Pakistan-Turkey ties
In Pakistan, where more than 27 million children remain out of school, every teacher and educational institution matters. The Turkish non-governmental schools in question are ranked among the best in terms of in infrastructure, as well as quality of education and character-building.
Prof. Scott Alexander: Hizmet is a social movement for peace
“What I have personally observed is that Hizmet is a movement that embraces contrasts and in which everyone can find a place for themselves. It’s a globally transformational movement. It is, on the other hand, able to combine tradition and modernity and bring them around the common values. Although I might not be necessarily exercising your values, I consider myself a part of this movement. The principles that lead the movement are what lead my life as well.” Alexander remarked.
‘Inception,’ the Gülen community and the PKK
Kurtuluş Tayiz I have been following anti-Fethullah Gülen broadcasts in the Kurdish media for some time now. Television stations, newspapers and Internet sites known for their closeness to the Kurdistan Workers’ Party (PKK) have incessantly been spreading hostility amongst its readers against Gülen. It wouldn’t be so difficult to understand if most of these publications […]
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