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.
Fethullah Gülen stated a few days ago that he made a mistake by supporting the Justice and Development Party (AKP) during the 2010 referendum campaign. Even though, as of today, I do not think that supporting the constitutional amendment package was wrong in itself, it seems that this package has paved the way for the AKP’s growing semi-despotism.
Courts order corrections to gov’t media stories on Hizmet
Several courts have ruled against untruthful stories published or broadcast by media institutions close to the government about the Hizmet movement, which Prime Minister Recep Tayyip Erdoğan has accused of trying to undermine his government, but most newspapers and stations have not published the corrections as they should according to the rulings.
Winds of friendship were enjoyed in different parts of Turkey during the month of Muharram
HIZMET NEWS In relation to month of Muharram, friendship programs were organized in Istanbul and Ankara as well as several cities of Anatolia including Tunceli, Balikesir, Corum and Tokat in November 2013. In Istanbul, government officials and representatives of religions came together at the traditional Muharram iftar (fast breaking) dinner organized by The World Ahlul […]
Unexpected consequences [of prep schools in Turkey]
The hottest debate in Turkey today is about the abolishment or, officially, the “transformation” of the private university prep schools. These are private enterprises. They are not schools but provide additional education to high school students to increase their ability to succeed in the nationwide university exams held every year.
Turkish woman returned to prison with newborn 4 days after birth
Hatice Şahnaz, in pretrial detention on charges of alleged links to the Gülen movement, was put back behind bars in southern Turkey a few days after delivering a baby.
Enes Kanter: “I’m getting death threats almost every day”
Appearing on “CBS This Morning” Monday, Kanter said the trouble began while he was in Indonesia: “I was sleeping around 2:30 or something and my manager knocked on my door. He said the Secret Service and the Indonesian army were looking for me because the Turkish government told them I was a dangerous man.
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