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.
The Scale of Turkey’s Purge Is Nearly Unprecedented
Only rarely in modern history has a leader detained and fired as many perceived adversaries as President Recep Tayyip Erdogan of Turkey has since a failed coup attempt last month. Here is how Mr. Erdogan’s vast purge would look if Americans were targeted at a similar scale.
Gulen’s message to those who follow his ideals in the midst of defamation by Erdogan regime
I hope that those who set their hearts on a cause will not loosen their hands about working on the world solidarity and universal human values, and they will continue on their way. I hope they do not get shaken by such storms, with Allah’s permission and help. Just like all the things happened until today had passed and became history, these latest incidents will pass and become history, with Allah’s permission.
Lawyer: Gülen will appeal court decision to cancel his green passport
Nurullah Albayrak, lawyer for Turkish Islamic scholar Fethullah Gülen, said his client will appeal a Council of State ruling that Gülen’s green passport was obtained illegally.
Fortunately, we have not closed Gülen schools
Mehmet Ali Birand June 9, 2012 When I was invited to become one of the judges in the International Turkish Olympiad, I was initially surprised. I was also a bit embarrassed because I never considered myself to be an expert in Turkish songs and folk songs, but I could not turn the offer down because […]
Kosovo Extradition of Wanted Turkish ‘Gulenist’ Suspended
Kosovo prosecutor Ali Rexha on Thursday withdrew his request for the court to allow the extradition of Turkish citizen Ugur Toksoy, who was arrested on October 27 on a warrant arrest issued by Turkey.
EU and Turkey’s rights abuse
How did Turkey plunge into this mess of freedom suffocation, and what has really gone wrong with the once-admired President Erdogan ? While I keep pondering on these questions, I believe it is not too late for the Turkish government to retrace its steps and embrace full democratic norms.
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