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.
Fethullah Gulen’s brother detained in Erdogan’s ongoing crackdown after coup
One of the brothers of Turkish Islamic scholar Fethullah Gülen, Kutbettin, has been detained in the western province of İzmir. More than 100,000 people have been purged from state bodies, 32,000 arrested since the coup attempt. Arrestees include journalists, judges, prosecutors, police and military officers, academics, governors and even a comedian.
Gulistan schools in Kosovo to continue education despite its abducted teachers
Gulistan Educational Institutions has declared that they will continue their activities despite their abducted teachers. 5 of their teachers were abducted by Turkish Intelligence Agency in cooperation with Kosovo’s intel agency, which shocked the global education community and protested in many countries including USA, Canada, and UK.
Turkish coup was Erdogan ‘gift’
Erdogan became quite successful in his two very basic goals right after the coup. First and foremost, for putting all the blame squarely on the Hizmet movement, led by Gulen, and then carrying on a huge cover-up to hide other segments of the coup plotters. The problem is, while he has been quite successful in Turkey – he was not able to convince many in Europe and in the US.
Erdoğan steps up hateful speech against Gülen
President Recep Tayyip Erdoğan stepped up his attacks on Monday against members of a leading civil society group who are critical of his divisive discourse and discriminatory policies, calling the group modern “Lawrences of Arabia.”
Turkish Airlines stops distribution of Zaman and Today’s Zaman on its planes
Turkey’s flagship carrier Turkish Airlines (THY) has put an embargo on dailies affiliated with the Fethullah Gülen Movement, which has been in at odds with the government over an ongoing corruption investigation. The airline, 74 percent of which is owned by the state, had already stopped delivering the English-language daily Today’s Zaman in airport terminals and on planes before slashing the distribution of its Turkish sibling, daily Zaman, by two-thirds.
Turkey’s purges continue a year after failed coup
One year on, Turkey’s crackdown on suspected coup plotters shows no signs of ending – and has now reached human rights workers. Diego Cupolo reports from Ankara.
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