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.
What is the problem between the AK Party and Hizmet?
İHSAN DAĞI Since the government demands unconditional loyalty and the subordination of social forces, the economic, political and intellectual independence of the Hizmet movement from the government seems to be the problem. The state in Turkey remains the central agent capable of and willing to suppress social and economic actors. In the absence of checks […]
Q&A: Turkish Imam Fethullah Gulen
Fethullah Gulen, the U.S.-based imam who Turkish President Recep Tayyip Erdogan has accused of masterminding Friday’s failed coup, answered questions from The Wall Street Journal’s Jay Solomon via email on Sunday:
The Encyclopedia of Islam and hate speech
Erdoğan’s obvious target was Fethullah Gülen, but it is clear that he also attacked anyone who doesn’t think like him with phrases such as “false prophets,” “fake mystics” and “so-called scholars.” This denigration is problematic especially in terms of secularism. Indeed, the prime minister hurls gross insults at religious interpretations that diverge from his own. In his capacity as a prime minister, he imposes his beliefs and acts onto those who do not think like him. One step beyond these remarks would be the prime minister’s supporters’ resorting to violence against those he places on the bull’s eye.
UN Body Asks Immediate Release Of Arbitrarily Jailed Police Chief
The United Nations’ Working Group on Arbitrary Detention (WGAD), which works under UN Human Rights Council, has called on Turkish government to immediately release police superintendent Kürşat Çevik who are arbitrarily arrested and still kept in Şanlıurfa prison over his alleged links to the Gülen movement and accord him an enforceable right to compensation and other reparations in accordance with international law.
Religious leaders pray for world peace at meeting of civilizations
Religious leaders prayed for world peace at an event deemed the meeting of civilizations and organized by the Antakya Intercultural Dialogue Association (AKADİM) and Turkish aid organization Kimse Yok Mu in the province of Hatay
US law professor: Erdoğan’s talk of Gülen extradition ‘foolishness’
Jim Harrington, a US human rights attorney and University of Texas professor, has said that any talk of asking the United States to extradite Turkish-Islamic scholar Fethullah Gülen to Turkey is “foolish, absurd and self-serving.”
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