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.
Who is Fethullah Gulen? (by National Catholic Reporter)
By blaming Fethullah Gulen and the Gulen movement for the coup attempt, Mr. Erdogan’s authoritarian tendencies have only increased as witnessed by the tens of thousands arrested and detained, and the radical curtailing of free speech. It now appears that in Mr. Erdogan’s hands Turkey’s future and that of the Middle East will be less democratic, less stable and more tumultuous than ever.
Is There ‘The Cemaat’ Under Every Stone?
Ilıcak reaches her conclusions based on fact, using interviews, official documents, interviews and other hard evidence to make her point. Her book is a valuable source of information, especially for those who have only read texts from Fethullah Gulen’s opponents. In understanding an issue, it’s imperative to hear both sides of the story.
Turkey’s Erdogan and ISIS’ new breeding ground
Turkey’s President Recep Erdogan appears to be having a double dealings on taking the fight to ISIS. He has instead prefer a cosmetic approach in tackling the terrorist group. It is high time Erdogan purged himself of insincerity and religious rhetoric in the fight against ISIS and joined forces with other leaders to bring enduring peace to Turkey, the Middle-East and the various parts of the world.
Gov’t criticized for forcing scientific researcher to alter report
Claims by the former head of a scientific research agency who was dismissed a day after his public remarks that he was forced to make changes to a report that was part of an investigation into bugging devices found at the prime minister’s office have triggered a harsh reaction against the government.
Somalian students condemn plot against Kimse Yok Mu
Kimse Yok Mu has presence in 113 nations directly providing aid to 300 thousands. The non-profit passed a controversially rigorous 2-month inspection with flying colors.
When the masks have fallen
It seems that the judiciary will be forced to investigate the claims of a so-called illegal organization, and sham trials will be performed to intimidate the Hizmet movement and cover up the corruption claims that become public on Dec. 17, 2013, by taking tactics from the former Ergenekon supporters nested within the army, the bureaucracy, business circles, the media and the judiciary.
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