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.
Lawyers confirm: Turkish teachers are still in Kosovo
Lawyers representing six Turkish teachers who were arrested in Kosovo on Thursday, have released a written statement in which they confirmed that the teachers have not been deported to Turkey yet.
D.C.-based law firm gathers intel on U.S. residents for Turkey – WSJ
The Turkish government has employed a Washington D.C.-based law firm to gather information on its critics, including U.S. residents, the Wall Street Journal reported on Wednesday.
Police officials who carried out graft operation detained in raids
As many as 100 high-ranking members of the police force were detained in a large-scale operation which began late Monday night/early Tuesday morning in over 20 provinces as part of the government’s attempt to contain an embarrassing graft scandal which has implicated several ministers and dozens of pro-government businessmen. The operation has been described as […]
New York Times Editorial Board: Turkey’s Relentless Attack on the Press
The family that owns Dogan Holding has long been influential in Turkey’s secular establishment and ran afoul of Mr. Erdogan’s Islamist-based A.K.P. Party in 2009. With the company targeted again and fearful of losing more assets, the newspaper Hurriyet is widely seen as pulling punches to appease Mr. Erdogan by firing journalists and quashing even mildly critical news stories.
Operation and crossroads: Hizmet movement falsely accused
The delicate position in which the government now finds itself is real, but it is also a fact that the Hizmet movement is being falsely accused.
Those who support the Justice and Development Party (AK Party) and are affiliated with the Hizmet movement do not deserve such an outcome.
Panel highlights need for new global economic order
ERGIN HAVA, ANTALYA Taking a break from the heavy atmosphere of political, economic and social issues at home, senior economists and market experts from the Eurasia region arrived in the calm tourism hub of Antalya on Friday, this time to chew on scenarios mainly for a proposed overhaul of the global economic order. The first […]
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