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.
3 detained Turkish educators and their families handed over to Turkey by Gabon
Three Turkish educators and their families who were arbitrarily detained in Libreville, the capital city of Gabon, were handed over to Turkish officials and taken to İstanbul on Sunday morning.
U.S. Judge Tosses Suit Against Reclusive Muslim Cleric
Turkey’s government funded the civil suit against Fethullah Gulen as part of a crackdown on the cleric and his movement by PresidentRecep Erdogan. A federal judge on Wednesday dismissed a lawsuit alleging that a reclusive Muslim cleric in Pennsylvania orchestrated human rights abuses in his native Turkey, ruling the claims didn’t belong in U.S. courts.
NY Times Editorial Board: Mr. Erdogan’s Reckless Revenge
At such a time, one would hope for a leader willing and eager to unify his people under the rule of law, to reaffirm democratic values and to address the grievances that motivated the plotters in the first place. So far, Mr. Erdogan seems determined to fail this test of leadership.
Erzurum people call Minister Ala to apologize Gülen for his remarks
Gülen is highly respected both in Turkey and in many countries around the world for educational activities he has pioneered, along with his efforts to promote intercultural and interfaith activities around the globe. He is in self-imposed exile in the US, though there is no legal hurdle that prevents him from returning to Turkey.
Scapegoating: Turkish PM again blames Gülen movement for worsening economy
As the Turkish lira plunged even further on Friday, Prime Minister Binali Yıldırım claimed the Gülen movement was responsible for the deterioration in the country’s economic outlook. According to Yıldırım, “separatists” and sympathizers of the Gülen movement are working hard to ruin the Turkish economy in the eyes of the world.
Five global challenges: how might Hizmet respond?
Hizmet, the social movement inspired by the neo-Sufi thinker Fetullah Gülen, is currently being dismembered by the autocratic president of Turkey, Recep Tayyip Erdogan. He accuses Gülen of ordering a coup attempt on 15th July 2016, saying it was was led by Hizmet members in the army.
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