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.
AK Party promises more despotism if it wins big in local polls
Since the Dec. 17 corruption and bribery probe, Prime Minister Erdoğan has threatened to order an “operation” against certain civil society organizations and business groups that have voiced demands for the prime minister and his government to be held accountable in the face of alleged irregularities.
Erdoğan Jails Hundreds of Babies in Paranoid Purge
When will the world pay heed to the humanitarian crisis on Erdoğan’s home turf that engulfs more innocent people by the day, even crying babies? Erdoğan’s paranoid purge of perceived political enemies has landed hundreds of babies and toddlers behind bars, sometimes arresting mothers on the very day they have given birth.
Warriors of enlightenment: pen versus bullet
BÜLENT KENEŞ, April 24, 2012 As we were watching the country finals of International Turkish Olympiads enthusiastically and becoming impatient for the great final in Turkey, we were shocked to learn that a heinous attack had been launched against one of the educational institutions that, like their counterparts in the remotest parts of the world, […]
Lawyers, academics say ‘parallel state’ was invented to block graft probe
A total of 150 academics signed the manifesto, titled “Rule of law suspended.” The manifesto says the ruling Justice and Development Party (AK Party) government cannot ignore the corruption allegations just by making up claims of a “parallel state” — which has no meaning in political science or law — and placing the blame on the Hizmet movement, which is inspired by Turkish Islamic scholar Fethullah Gülen, for its unlawful practices.
Elvan Foods: Our exports extended to 130 countries thanks to Turkish Schools
Hidayet Kadiroglu, the CEO of Elvan Food, one of the major companies in the chocolate and candy industry said that their exports extended to 130 countries thanks to the Turkish schools all over the world. Kadiroglu stated that they were able to establish factories in first Azerbaijan and then Egypt; they had the opportunity to stretch out to Asian and African markets.
Autistic children left unattended as teacher parents under arrest over alleged coup links
Uz family has two children with autism who were left to fend for themselves after their parents were arrested as part of an investigation into the Gülen movement after the July 15 coup attempt.
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