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.
WikiLeaks reveals emails from the son-in-law of President Erdogan, ‘proving his connection to ISIS operation smuggling oil into Turkey’
WikiLeaks has released a tranche of more than 57,000 personal emails from the account of Turkey’s Minister of Oil Berat Albayrak, President Erdogan’s son-in-law. WikiLeaks alleges that the emails reveal ‘Albayrak’s involvement in organisations such as Powertrans, the company implicated in Isis oil imports’. The company has been implicated in oil imports from ISIS-controlled oil fields.
A Turkish couple spent their wedding day feeding 4,000 Syrian refugees
Hatice Avci, a spokesperson for aid organisation Kimse Yok Mu, told i100.co.uk that last Thursday the newlyweds donated the savings their families had put together for a party to share their wedding celebrations with the refugees living in and around the town of Kilis.
Retired ambassadors slam government orders over graft probe
“Will ambassadors tell their foreign colleagues that a corruption investigation started, which includes some members of the government, and that the government found the solution in changing a number of bodies such as the HSYK [Supreme Board of Judges and Prosecutors] and judicial police regulations?” asked former ambassador Deniz Bölükbaşı.
The Dutch Turkish community must speak out about the anti-Gülen violence
Labour MP Ahmed Marcouch calls on Turkish-Dutch organisations to speak out about violence and intimidation and to build bridges instead. There’s a silence and it’s hurting my ears. It’s the silence that surrounds the violence against the Gülen supporters. What happened to the organisations normally so quick to ask for protection against intolerance? Where are […]
CHP asks gov’t about file allegedly targeting TUSKON
Complaints over the past month from the Turkish Confederation of Businessmen and Industrialists (TUSKON) over increased political pressure and profiling of its members have now been conveyed to Parliament, with the CHP demanding a governmental explanation on the issue.
Turkey: A climate of fear; losers in the aftermath of the coup attempt
Turkey at large will lose as Erdoğan chooses the retaliatory path and purges relentlessly, splitting the country into supporters and adversaries. A climate of fear and indignation will envelop not only the many institutions that were hit hard, but Turkey in general, and the Middle East will suffer even further than it is already suffering.
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