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.
‘Parallel’ paranoia reaches the kitchen of Parliament
In the latest example of the Justice and Development Party’s (AK Party) “parallel” paranoia, the ruling party’s Sinop deputy and head of the Parliamentary Interior Affairs Commission, Mehmet Ersoy, ordered restaurant officials in Parliament to remove a dish called “samanyolu kebap” as it reminds him of institutions affiliated with the “parallel structure,” a daily reported on Monday.
Ex-CIA Director: Mike Flynn and Turkish Officials Discussed Removal of Gulen from U.S. without Going through Legal Process
James Woolsey says he attended a September meeting where other participants, including then-Trump adviser Mike Flynn, talked of moving Fethullah Gulen back to Turkey without going through U.S. extradition process.
Belgium firm to sue Turkey over Gülen-linked assets
A Belgian company, Cascade Investments NV, has launched an $80 million arbitration claim against Turkey in the World Bank’s International Centre for Settlement of Investment Disputes (ISCID).
Turkish daily exposes secret plot against Gülen endorsed by gov’t
A secret national security document recently discovered by a Turkish daily has revealed that Turkey’s ruling Justice and Development Party (AK Party) government signed up to a planned crackdown on the Hizmet or Gülen movement. The Taraf daily published a document on Wednesday prepared by the National Security Council (MGK) on Aug. 25, 2004, persuading […]
Turkish schools bear their fruits in Mongolia too
Baatar Tsolman, chairman of the board, said, “With today’s opening, we believe our association will grow increasingly to become a global one. We aim to get our members meet the members of our global partners and thus invest in a variety of fields.
I am afraid 2012 will not be easy
Emre Uslu, Friday January 20, 2012 When the Justice and Development Party (AKP) received 50 percent of the votes in the 2011 election and came to power by promising to make a new constitution, expectations were raised to expect a transformation of the system. But if you consider the aftermath of the elections, one cannot […]
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