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.
MYRA BLACKMON By the time you read this, I will be in Istanbul, as part of a group beginning a week-long tour as a guest of the Gulen Movement. We will visit tourist sites, but also meet with media folks, spend time in schools and universities and enjoy several dinners in private homes. We will […]
Erdogan may keep winning, but it wont’ do Turkey any good
I don’t believe Ankara is ever really going to stray from its partnership with the U.S., because Turkey simply cannot afford it. The coup — failed though it was — has left the formerly expanding Turkish economy gasping. Credit-rating agencies have lowered the nation’s stock, and the purging of coup conspirators, both real and imagined, has left tens of thousands of crucial private- and public-sector positions empty. Economic growth, meanwhile, is expected to dip.
Students and parents at the Turkish-affiliated Pribadi Bilingual boarding school in Depok, West Java, have filed objections over a recent statement from the Turkish Embassy in Jakarta that referred to the school as having links with a terrorist organization.
The Persecution of the Hizmet (Gülen) Movement in Turkey: A Chronicle
Since the outbreak of the corruption scandal in Turkey in December 2013, Prime Minister and then President Recep Tayyip Erdogan and his government have been particularly targeting the Hizmet (Gülen) movement.
What Is Next In Turkey?
The generals were never the script writers of the coups but only players. The script writers of the coup on July 15 in Turkey aimed to simulate a coup as if it was staged by the Gulen movement. It was simply a false flag. While only a few hundred soldiers were involved in the coup, more than ten thousand officers were purged and arrested. While the police officers challenged the coup plotters, twelve thousand police officers were fired two months after the coup.
Islamic scholar Gülen’s family criticizes PM’s offensive language
Kemal Gülen addressed allegations about the scholar’s financial situation, explaining that Fethullah Gülen resides at a facility that belongs to a foundation and for which he pays rent, rejecting the claim that the scholar owns the property.
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Academic says Gülen movement followers should be sent to rehabilitation camps
