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.
Turkey Wants Mongolia To Shut Down Turkish Schools
Just ten years ago, Turkish Parliament Speaker Bulent Arinc recalled a dramatic scene. One diplomat dropped his teacup upon hearing that he was posted to Mongolia with 5,000 USD, special residence, and a car — a lavish job at that time. “How can I live there?” the diplomat reportedly asked, according to Arinc.
Businessman jailed over Gülen links dies of cancer after his belated release from prison
Businessman İsmet Torun, 53, who was diagnosed with stomach cancer during his 38-month incarceration on terrorism charges, died in Ankara on Monday after his release from prison.
Turkey to pay huge compensation for post-coup rights violations, main opposition says
The main opposition party leader has said Turkey will pay a big price and an enormous amount of compensation for gross human rights violations caused by government decrees issued during a state of emergency declared after an abortive coup. “I saw the March 12 [1971] and Sept. 12 [1980] coups, but I never saw such a picture like today,” he said
Prof. Scott Alexander: Hizmet is a social movement for peace
“What I have personally observed is that Hizmet is a movement that embraces contrasts and in which everyone can find a place for themselves. It’s a globally transformational movement. It is, on the other hand, able to combine tradition and modernity and bring them around the common values. Although I might not be necessarily exercising your values, I consider myself a part of this movement. The principles that lead the movement are what lead my life as well.” Alexander remarked.
Ex-employee files complaint against TİB head over purge
An email claimed that the agency tampered with its system logs to fabricate evidence that the “parallel state,” a term the government uses to describe the Hizmet movement, had listened in on around 2,000 people. The message said the electronic serial numbers (ESNs) of these people were entered into the system as per instructions from TİB President Çelik and then erased — all to make it look like the Hizmet movement had spied on Turkish citizens and then covered its tracks.
THY passengers strongly criticize embargo on Today’s Zaman
Turkey’s flagship carrier Turkish Airlines began an embargo on Dec. 23, 2013 on the distribution of the newspapers Zaman, Today’s Zaman, Bugün and Ortadoğu to business class passengers on its planes, without providing an explanation. Other dailies are still being handed out on board.
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