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.
Ishak Alaton: Fethullah Gülen is the most “other” in Turkey
The AK Party government, which seems to be without an alternative and lacks an equally dominant opposition to check and balance it, is in big trouble, which they are not fully aware of, says Alarko Holding Chairman İshak Alaton.
Turkey’s president is using the failed coup as an excuse to snuff out secular democracy
In the immediate aftermath of the Turkish military’s attempted coup on July 15, the international community responded with relief. While many people within Turkey and outside of it are no fans of Recep Tayyip Erdogan’s authoritarian regime, the bloodshed and chaos that would have resulted from a government overthrow seemed like the worse of two options.
Turkey Has Stolen The Future Of A Medical Student From Uganda
I’m going to devote my column today to, Ibrahim Seruwagi, a young exchange student from Uganda who was robbed off his years of university education in Turkey when he got caught up in the persecution by the Erdoğan government. He was only a month away from graduating from medical school.
Gulen suspect testifies before US Congress on recent coup attempt
An alleged member of the Fetullah Gulen organization was invited on Wednesday to speak to a congressional panel on Turkey, a stunning move that could exacerbate tensions between Ankara and Washington. Ahmet Sait Yayla was added to the original list of speakers to address the House Foreign Affairs Subcommittee on Europe, Eurasia and Emerging Threats.
Turkey’s Unethical Interference in American (Muslim) Civic Society is Dangerous
The Erdogan government jails its citizens without due process, severely curtails freedom of speech by jailing journalists, and ignores the plight of vulnerable minorities. They are the least credible messengers to warn Americans about their civic duty. The Turkish Consulate’s attempt to use McCarthyite tactics to spread fear and unduly influence American civic life is simply abhorrent and deserves condemnation.
Monitoring group documents 53 suspicious deaths since coup attempt
The Sweden-based monitoring group documented in a recent report 53 cases of what it described suspicious deaths both in and outside of Turkish prisons after the coup attempt.
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[Part 2] Islamic scholar Gülen says he cannot remain silent on corruption
