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.
Opposition condemns Erdoğan’s vindictive remarks against Gülen movement
President Recep Tayyip Erdoğan’s televised remarks on Wednesday night suggesting that the witch hunt against members of Gülen movement will show no sign of abating under the new government has drawn condemnation from opposition political parties.
Shocking change and disappointed hearts…
Since Dec. 17, Erdoğan’s discourse has become more and more strict and a major smear campaign has been initiated by the pro-government media against the Hizmet movement, which has been active in education activities all around the world. The Hizmet movement and the followers of Hizmet have never been affiliated with violence or any other crime-related issues. This was proven as a result of a judicial process.
Relatives Fear Turkish Govt May Kill Prisoners Through Staged Riot
Prisoners jailed in the post-coup crackdown in Istanbul and Ankara these days have far serious problem than torture and ill-treatment: media reports about a mass prison break that could provoke a government intervention, claims about mass executions of the prisoners trying to escape in that attempt.
Closing down Turkish schools impossible as demand on rise, says TUSKON head
Though the ruling Justice and Development (AK Party) government is planning to shut down Turkish schools abroad that are affiliated with the Gülen movement, the head of the Turkish Confederation of Businessmen and Industrialists (TUSKON) has said that the demand overseas for such Turkish schools is making them impossible to close.
Koza Altın latest victim of government silencing political dissent
Gold mining company Koza Altın A.Ş., the owner of Bugün daily and Kanal Türk TV station, had its activities halted on Tuesday in Çukuralan goldfield, one of the company’s five major gold mines, in a move that has been perceived as the most recent example of the government’s exploitation of inspections and red tape to put pressure on those with critical views.
Turkish minister’s leaked email shows trustees to Gulen affliated organizations not appointed by courts
In the email Ahmet Özal says: “Definitely, trustees will be appointed to Turgut Özal University. … I think the esteemed president will also be happy if I cleanse Turgut Özal University [of Gülen sympathizers] and end the association between that community and my father’s name. I would be very pleased if you could convey this issue to the president [Erdogan] and help me get his support and approval.”
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