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.
US Human Rights Report: Tens of thousands jailed in Turkey with little clarity on charges
The 2016 Country Reports on Human Rights Practices — the Human Rights Reports — released by the US State Department on Friday said that Turkish courts had imprisoned tens of thousands of people with little clarity on charges and evidence over their alleged links with a failed coup in July 2016 that was blamed on the Gülen movement.
33rd Abant Platform: whither Turkey?
In his speech at the opening of the first session, Prof. Seyfettin Yuksel said: “If it had been said a few years ago that we would be discussing ‘Turkey’s direction’ in the coming years, none of us would have believed it. We were sure about Turkey’s direction.” Unfortunately, nowadays Turkey’s direction is seen as uncertain, and the country has strayed not only from its foreign policy but also from democratic norms and the rule of law in its domestic policies. Here are my notes from the conference.
The real issue is the National Security Council [in Turkey]
A recent report by the Taraf daily indicating that the National Security Council (MGK) had formed a plan to destroy the Gülen movement has sparked discussions. This is only natural, considering that the current political administration is known for its adherence to religious values. This report is huge news because the government failed to oppose the military in the MGK meeting.
The Hizmet movement and external forces
Fethullah Gülen Hocaefendi and the Journalists and Writers Foundation (GYV) make statements on behalf of the Hizmet movement. Even the GYV’s statements can hardly be considered as binding for every individual who is inspired by the Hizmet movement and who participates in different projects in a different manner as the Hizmet movement does not have a central organization or membership mechanism.
Hundreds of thousands homeless as Turkey’s southeast lay in ruins
When the residents of Sirnak returned to the city last month after Turkish authorities lifted eight-month curfew during intense urban fighting between the Turkish security forces and Kurdish insurgents, they were shocked with what they saw: there was no home where they left.
Koza gold firm starts up company in UK
The gold company, whose owner Akın İpek is known to have close ties with Islamic scholar Fethullah Gülen’s Hizmet (Service) movement, has been hit by the suspension of several of its mining fields.
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