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.
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.
Bal asks whether Erdoğan is trying to suppress religious communities
Former Justice and Development Party (AK Party) deputy İdris Bal submitted a parliamentary question to Prime Minister Recep Tayyip Erdoğan on Monday, asking whether Erdoğan regards himself the Caliph of the Muslim world and whether the prime minister is trying to suppress religious communities in Turkey.
The consequences of tyranny never change
Certain groups devised an imaginary and ambiguous crime against the Hizmet movement based on claims of a so-called “parallel state.” However, this is such a vague crime that if those who blame the Hizmet movement for establishing a “parallel state” are accused of the same thing, these charges will seem well-founded, because of ambiguity of the claims.
Couple jailed for watching Fethullah Gülen videos at Internet cafe
An Ankara couple has been sent to prison after they were caught watching videos belonging to US-based Turkish scholar Fethullah Gülen at an internet cafe earlier this week.
Closing down prep schools another poor education policy decision
We are not convinced that shutting down prep schools will either improve quality of education in Turkey or increase educational equality,” said Batuhan Aydagül, director of the Education Reform Initiative (ERI or Eğitim Reformu Girişimi, ERG).
Bulgaria, the state sentenced to compensate Turkish journalist
The European Court of Human Rights condemned Bulgaria for the 2016 extradition of a Turkish journalist, hastily handed over to the Turkish authorities who accused him of being part of the Fehtullah Gülen movement, in violation of national and international rules.
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