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.
Abant Platform urges government, protesters to exercise common sense
Turkey’s leading social debate platform Abant has called on both government and protesters to exercise common sense, urging restraint for both sides to avoid violence in nationwide protests that gripped Turkey for more than a week. The Abant Platform expressed its concerns over possible chaos that could follow sometimes mutually violent actions of both sides […]
Gülen says paying price for not supporting Erdoğan’s desire for presidential system
“Mr Erdoğan put pressure on me and Hizmet sympathizers to publicly support his idea of a presidential system. He increased the pressure by supporting government-funded alternatives to Hizmet institutions and then began threatening to close them down,” Gülen stated in a written interview with Nahal Toosi, which was published on Friday. According to Gülen, Hizmet sympathizers are paying a heavy price for their independence.
Wealthy businessmen spent time with Kurdish poor and Syrian refugees during Eid al-Adha
Thousands of [Hizmet] businessmen and volunteers from Western Turkey spent this year’s Eid al-Adha in East and South East of the country so as to strengthen the brotherhood between Kurdish and Turkish citizens, and extend a helping hand to Syrian refuges. The provinces in Eastern and Southeastern Turkey have significant Kurdish populations. People in these parts of Turkey suffer poverty and various social problems.
Turkey’s Judicial Purge Threatens the Rule of Law
But nothing in those proposed laws came close to undercutting Turkey’s justice system like the judicial purge does. If they want to be consistent, European leaders should insist on the reinstatement of the fired judges, or at least case-by-case adjudication of their alleged wrongdoing. The U.S. should make similar demands on its NATO ally. The future of the rule of law in Turkey lies in the balance.
Gülen sues Ankara chief public prosecutor for defamation after terrorist label
Fethullah Gülen’s lawyer has filed a civil lawsuit claiming compensation against Ankara Chief Public Prosecutor Harun Kodalak for calling the Turkish Islamic scholar the leader of a terrorist organization, Gülen’s lawyer Nurullah Albayrak announced in a written statement
Turkey jails disabled teacher after dismissing him and wife from profession
Denizli-based teacher Raşit Uzantı has been arrested days after he was dismissed from his profession along with her wife who used to work at a state hospital in Denizli. Raşit was recovering only recently from the repercussions of a brain surgery he underwent a while ago.
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