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.
Turkish-Arab forum focuses on gov’t oppression on Hizmet
Discussing the recent developments in Turkey and the Muslim world during the “Arab-Turkish Intellectuals Forum” in İstanbul on Tuesday, a scholar from Egypt likened the smear campaign conducted by Prime Minister Recep Tayyip Erdoğan against the Hizmet movement to the suppression of a civic movement in Egypt.
Turkey Coup Attempt Explained
The most detailed explanation of the coup attempt in Turkey on July 15. Who is behind the coup attempt and how the government started a crackdown on critics? Turkey’s coup attempt explained.
4 people trying to escape persecution in Turkey missing after boat capsizes in Evros River
A woman and her three children went missing after a boat carrying several Turkish asylum seekers who fled Turkey due to an ongoing government crackdown on followers of the Gülen movement capsized in the Evros River along the Turkey-Greece border on Wednesday night, Euronews Turkish reported.
Dozen people hold demonstration in front of Zaman to protest corruption coverage
The protestors held up a banner bearing the picture of Islamic Scholar Fethullah Gülen saying that he despises the Taliban and Osama bin Laden. “Pick up your traitorous comrades and your prep schools, and get out of here, go to Israel, the US,” the script at the bottom of the banner said. The protest followed a series of public remarks over the weekend by Prime Minister Recep Tayyip Erdoğan, who attacked Zaman without mentioning it by name.
Witch hunt and AKP’s legacy from Feb. 28
The witch hunt that has been affecting virtually all state institutions as well as private sector companies in recent months has a specific target: a social group, namely the Hizmet movement. Thousands of innocent people are being victimized solely because of their affiliation with or sympathy toward a social group, and no one can raise an objection to this profound injustice.
Filipina, infant freed from Turkish jail, but…
The Filipina mother who forcibly was separated from her infant and detained in Turkey for weeks has been released. But their reunion is being cut short by her deportation, in the crackdown following a failed coup in which she had no part. Information is being withheld from Karen’s lawyer and the Philippine Embassy staff assisting her. Forcible separation of an infant from her mother is a humanitarian concern.
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Why does the West love the Gülen movement so much?
