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.
Smear campaign websites cleared while targeted journalists accused
The smear campaign websites have made accusations and lies and committed libel in order to defame journalists who work in media outlets close to the Hizmet movement as well as those critical of the government.
A rift between the Hizmet movement and the AK Party?
BÜLENT KENEŞ June 14, 2012 For some time, Turkey has been obsessively talking about an alleged contention between the ruling Justice and Development Party (AKP) and the Hizmet movement (aka Gulen Movement). This matter is being discussed in dozens of newspaper columns and TV programs every day. The Hizmet movement’s demands are about principles. These […]
Bank Asya sells stakes in 2 subsidiaries
In a statement to Borsa İstanbul (BIST), Bank Asya said it is selling a 24.18 percent stake in Turkish construction firm Tuna Gayrimenkul for TL 62.8 million. The bank also said it is selling another construction company, Nil Yönetim Hizmetleri, for TL 69.25 million.
Turkish Education Ministry engaged in profiling of staff, daily claims
The Taraf daily published a number of new documents on Monday that showed the Ministry of Education has profiled its staff based on their ideological and religious backgrounds. The documents, which date back to September 2013, suggest that ministry personnel who voiced criticism of the Justice and Development Party (AK Party) government and who are members of religious or faith-based groups were “noted” in official communiqués.
Visually impaired journalist sent to prison over Gülen links
Visually impaired Turkish journalist Cüneyt Arat was sent to prison late on Monday due to his alleged links to the Gülen movement. When Arat learned that a prison sentence approved by an upper court on Sunday, he turned himself in to the police later the same day.
PM Erdoğan’s arguments on prep schools contradict statistics, facts
PM Recep Tayyip Erdoğan said during a live TV interview on Wednesday night that his ruling Justice and Development Party (AK Party) will not back down from its decision to close prep schools and listed his government’s arguments, many of which contradict official data, statistics and results of surveys carried out on the issue. According to surveys, 85 percent of the families who send their children to prep schools are low-income families.
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