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.
Warning of another Feb. 28 on the eve of an MGK meeting
National Security Council (MGK) will convene. Turkey is going through a grave security crisis due to the situation in Syria and Iraq, and the escalation of domestic terror. The road map, the peshmerga corridor, martyred security forces…
The turmoil in Turkey – The terror threat is real and is made worse by Erdogan’s paranoia
Mr. Erdogan’s own Islamist and autocratic tendencies have also compounded the country’s vulnerability. Since an attempted coup last summer, the President has purged thousands of police officers and soldiers, and the resulting talent and resources gap may have damaged Ankara’s counterterror capabilities.
Ankara systematically tortures supporters of Gülen movement, Kurds, Turkey Tribunal rapporteurs say
The Turkey Tribunal, a civil society-led, symbolic international tribunal established to adjudicate recent human rights violations in Turkey, started proceedings in Geneva on Monday where rapporteurs pointed to the use of systematic torture by the government against alleged members of the faith-based Gülen movement and Kurds.
Failure of political Islamists in Turkey
Gülen’s unwavering stand against Erdoğan’s cycle of corrupt power despite pressure, threats and intimidation has already exposed how much damage political Islamists have dealt to the religion of Islam as well as the Turkish nation. The appeal of politically exploited Islamist ideology has lost its shine and its strength has been diluted or broken during Erdoğan’s version 2.0 regime.
HAPPENED AGAIN: Police detain woman who just gave birth at Mersin City Hospital
Filiz Y., a 30-year-old woman who gave birth at Mersin City Hospital last night, has been detained over alleged links to the Gulen movement, which the Turkish government accuses of masterminding a coup attempt on July 15, 2016.
Diverging points between AKP and Hizmet movement: Kurdish question
The fundamental difference Popp observed is that while the government has been trying to persuade the PKK to lay down its guns, the Gulen movement goes one step further and works to remove the social and cultural problems that caused the Kurdish problem.
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