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.
Parents criticize gov’t-led police raids on educational institutions
A number of parents staged a protest on Friday against raids police carried out by the police on Thursday as part of a government-led operation against 26 private schools and educational institutions in Kahramanmaraş province that are inspired by the Gülen movement, a faith-based civil society movement inspired by Turkish Islamic scholar Fethullah Gülen.
Prominent figures gather together at GYV iftar dinner in Istanbul
Distinguished spiritual leaders in Turkey, politicians, artists, diplomats, businesspeople and journalists came together for an iftar at İstanbul’s Four Seasons Hotel on Thursday night for an event held by the Journalists and Writers Foundation (GYV).
Gülen’s lawyer: Pro-gov’t columnist’s claims on religious directorate ‘disgusting scenario’
A lawyer representing Turkish Islamic scholar Fethullah Gülen has strongly denied allegations by a pro-government columnist who argued that the Gülen movement is behind recent “attacks” on the Religious Affairs Directorate, saying the baseless claims are a part of a “disgusting scenario to divide the nation.”
‘Pool media’ court case against Zaman daily tossed out
An İstanbul court tossed out a court case filed against the Zaman daily by the Turkuvaz Media Group involving a Zaman news article detailing pro-government businessman pooling funds together to purchase Turkuvaz late last week.
Gülen: ‘Shame for military to stage coups but not to finish off the PKK’
Gülen expressed his grief over the deaths of dozens of security members during terrorist attacks in the country’s Southeast last week. He also expressed his disappointment over the Turkish military’s failure to end PKK terrorism over the past 30 years.
WaPo publishes editorial from Fethullah Gulen on the day Erdogan meets Trump
If nothing else, the timing of this is certainly interesting. Yesterday, Turkish President Recep Tayyip Erdogan arrived in Washington for his meeting with President Trump scheduled for later today. It’s an encounter which I already described as problematic at best, given Erdogan’s new status as a strongman and tyrant, and it doesn’t seem to hold the promise of much benefit on our part.
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