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 Gülen issued the following statement on Turkey’s extradition request
Turkish President Recep Tayyip Erdoğan today once again demonstrated he will go to any length necessary to solidify his power and persecute his critics. It is ridiculous, irresponsible and false to suggest I had anything to do with the horrific failed coup. I urge the US government to reject any effort to abuse the extradition process to carry out political vendettas.
Or is it Gülenophobia?
Turkey’s frequently changing agenda has recently been dominated by one issue: An İstanbul prosecutor overseeing an investigation into a Kurdistan Workers’ Party (PKK)-linked terrorist organization has asked the Ankara Prosecutor’s Office to hear the testimony of National Intelligence Organization (MİT) Undersecretary Hakan Fidan and has obtained arrest warrants for four other MİT agents. MERVE BÜŞRA […]
How It Feels to Be a Dissident in Turkey After the Failed Military Coup
LOUISE CALLAGHAN To plan a speedy political exile from Turkey today, you need two things: a world map and the Wikipedia page on “visa entry requirements for Turkish citizens.” If you get out a highlighter and start cross-referencing the two, you’ll quickly see the bottom half of the map is more accessible than the top. […]
Mother of 5 children abandoned in parking lot released on high bail
A Turkish court on Monday released a housewife, a mother of five whose children were abandoned in a parking lot after her detention, on TL 50,000 bail. This is a high figure in a country where the minimum wage is approximately TL 1,300. The woman will be put behind bars again if she fails to pay the bail within seven days.
Turkey’s business world weary of gov’t pressure, says Kalkavan
The businessman Kalkavan said that the government’s way of dealing with the corruption allegations has been “incomprehensible,” and that he had difficulty explaining to his foreign associates about recent purges of hundreds of police officers and dozens of investigators.
Cyber attacks on news websites threaten freedom of press, expression
Starting mid-February, the Radio and Television Supreme Council (RTÜK) has been severely penalizing a number of news TV channels known for their anti-government broadcasts. Those channels, which include Samanyolu Haber TV and Bugün TV, were mostly penalized on the grounds that their programs were biased. The channels have been broadcasting reports about claims of corruption and bribery that have implicated some government members.
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