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.
Police raid Gülen-inspired prep schools in Erzurum
In another government-orchestrated operation targeting the faith-based Gülen movement, popularly known as the Hizmet movement, police officers and inspectors from a number of ministries and government bodies carried out raids early on Thursday on FEM prep schools established by Hizmet volunteers in Erzurum.
Turkish schools behind Turkey’s soft power in Middle East
2 May 2012 / MİNHAC ÇELİK, İSTANBUL Marco Padovan, Italian businessman and a member of the Turkish-Italian Trade and Cooperation Association, said during a round table meeting held in İstanbul on Wednesday that Turkish schools play a crucial role in the increase of Turkey’s soft power in the Middle East and North Africa. Speaking during […]
Lawyers for Turkish Islamic scholar Fethullah Gülen have said via Twitter that Justice Minister Bekir Bozdağ should have provided proof to back up his statement that Gülen planned to return from the US to Turkey in a similar way to Iran’s revolutionary leader Ayatollah Ruhollah Khomeini.
US-based think tank says Gülen movement progressive in terms of pro-Kurdish reforms
A US-based think tank has released a report stating that the Gülen (Hizmet) movement, a grassroots civil society organization that has frequently accused government officials of obstructing the settlement negotiations between the government and the outlawed Kurdistan Workers’ Party (PKK), has a progressive attitude regarding pro-Kurdish reforms.
Final declaration of the 33rd Abant Platform: “Turkey direction”
Participants in the 33rd Abant Platform, which ended on Sunday in the northwestern town of Akçakoca, agreed that Turkey has lost its direction in both its domestic and foreign policy, saying the way to rectify this is to restore its commitment to the accession process into the European Union and the rule of law at home.
As Turkey Gears Up to Vote, Its ‘Traitors’ Speak Out
In Turkey, a national trauma has turned into a never-ending nightmare for hundreds of thousands of citizens. Erdogan aimed to root out all Gulen sympathizers and turn them into what one local columnist called “socially dead people.” The government’s crackdown has extended well beyond the Gulenists. Leftist activists, Kurdish politicians, and dissenting academics have all been targeted.
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