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.
Mosque-cemevi project halted due to government’s ‘parallel paranoia’
Turkey’s first-ever complex housing both a mosque and a cemevi, an Alevi house of worship, has become the latest victim in the battle launched by the Justice and Development Party (AK Party) government against the Gülen movement after the Mamak Municipality refused to grant a certificate of occupancy to the complex on the grounds that it was built with “parallel funds.”
Rebecca Harms: Working in Gülen-linked educational institutions not a crime
Speaking during the general assembly of the European Parliament (EP) on Thursday, Harms said working in institutions such as schools or universities with links to the Gülen movement is not a crime and that, similarly, being critical of the government and being a critical journalist are not crimes.
First purification, next habituation
First of all, in terms of historical settings and cultural codes, Turkey has never found the solid ground to have a fully fledged democracy. The political elites have paid lip service to democracy and viewed democracy as an “electoral democracy.” As we see today, once the political elites have come to power they have adhered to authoritarian practices and curbed freedom and rule of law with the aim to serve their own interests.
Is Turkey Supporting ISIS?
One of the most problematic aspects of the war against the Islamic State has been the role of Turkey. On the one hand, diplomats see Turkey as a cornerstone of any diplomatic strategy to counter the Islamic State in Syria and Iraq. On the other hand, Turkey—or, at least, elements within the state—appear to back the Islamic State.
Turkish police raid Zaman building, attempt to detain editor
The police reportedly came to detain Zaman daily editor-in-chief Ekrem Dumanlı. The officials said they could not “fulfill their tasks” because of the pressure and had to leave the building. Protesters chanted unceasing slogans such as “Free Media Cannot be Silenced.”
An open letter to Prime Minister Tayyip Erdoğan
When it is necessary, making objections demonstrates honesty; approving everything is an indication of hypocrisy. So if all these people are saying that this is wrong, listening to them is not a weakness but a virtue. This is what the nation expects from you. Otherwise, it will take forever to heal the wounds that have been inflicted in their hearts. So is it worth it?
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