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.
İzmir’s private Yamanlar, Ankara’s private Samanyolu and İstanbul’s Fatih colleges all left their mark on the 20th National Antalya Mathematics Science Olympiad, organized for primary and secondary schools by Akdeniz University and held on May 3 and 4.
Advisor’s claim has potential to accelerate AK Party’s downfall
Amid a deepening high-profile corruption scandal that has seriously damaged the government’s reputation, a claim made by a senior advisor to Prime Minister Recep Tayyip Erdoğan has the potential to bring the military back to the political scene, carrying the risk of accelerating his party’s downfall from power.
Despite father’s arrest, Kanter refuses to be silenced
“I play in the NBA; that’s why people know my story,” Kanter said. “My dad is only one. There are thousands of kids out there who have no mom or dad because of what’s going on in Turkey. I have to speak and let people know what’s going on. I want the whole world to know what’s going on, because they try to hid it.”
EU report expresses concern about purge against Gülen movement
The progress report on Turkey that was issued on Wednesday by the European Commission expressed concern over the Turkish government’s purge against Gülen movement members, saying “any allegation of wrongdoing needs to be examined with due process, transparent procedures, and the right of every individual to a fair trial or equitable administrative process should be safeguarded.”
Turkish PM Erdoğan’s imagined enemies
Turkey is no longer the old Turkey. The affluent middle class, the young population and stronger civil society organizations, strengthened by the digital revolution with such tools as social media and Internet portals, will resist any attempts to turn the clock backwards on the development of Turkish democracy. People will simply ask why Prime Minister Erdoğan is not going after his people who have been sleeping with the enemy next door if he is really sincere in addressing external threats to this great nation.
Erdogan’s crackdown – Woman detained while showing newborn baby to jailed husband
S.Ö., whose husband was jailed a few weeks before she gave birth to a baby, was detained in Sakarya on March 8 when she went to Sakarya Prison to show him their newborn baby.
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