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.
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Former Justice Robert Cordy is worried sick about the fate of the judges he helped train in Turkey and here in Boston. They have been fired, jailed, or gone missing. “It’s devastating,” he said. “I don’t think anything has ever devastated me more than seeing this happen to people that I have come to know, love, respect. It is just beyond the pale.”
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Businessman İsmet Torun, 53, who was diagnosed with stomach cancer during his 38-month incarceration on terrorism charges, died in Ankara on Monday after his release from prison.
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The European intelligence contradicts the Turkish government’s claim that exiled cleric Fethullah Gulen was behind the plot to overthrow the Turkish government. Ankara is seeking Mr Gulen’s extradition from the US. The huge wave of arrests was already previously prepared.
Turkey post-coup purges convulse society
President Erdogan says the state of emergency might be needed for another year to crush the “terrorist” threat. More than 130 media outlets have been shut down, the pro-Kurdish IMC TV the latest victim. The authorities have started releasing 38,000 prisoners, to make way for the new arrests.
Turkey dismisses another 330 academics, brings total to 7,316
A total of 330 academics were dismissed in a new government decree, issued on Tuesday, bringing the total number of academics who lost their jobs after a failed coup on July 15 to 7,316.
Since the attempted military coup on July 15, the government, empowered by a state of emergency, has fired or suspended about 125,000 people, of whom nearly 40,000 have been arrested, and tens of thousands of others taken into custody. As a result, roughly 800,000 people have been completely cut off from any economic safety net.
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