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.
Dr. Selim Kaptanoğlu, former Nationalist Movement Party (MHP) politician and former doctor of late iconic MHP leader Alparslan Türkeş, said on Tuesday that President Recep Tayyip Erdoğan has replaced the National Security Council (MGK) of the Sept. 12, 1980 military coup by amassing power.
Turkish people upset that democratic progress is being reversed: Islamic scholar Gülen
The Turkish people are upset that democratic progress has gone into reverse over the last two years, Islamic scholar Fethullah Gülen has said, speaking in his first interview since the graft probes that have damaged the government and widened the rift between his movement and the ruling Justice and Development Party (AKP).
11 Gülen sympathizers held hostage at Saudi hotel deported to Turkey
Eleven Turkish nationals who were reportedly detained in Saudi Arabia on March 15 have been kept in a hotel in Madinah for weeks, waiting to be deported to Turkey, according to a letter sent to Turkeypurge.com.
PM Sipilä and FM Soini of Finland: Turkey needs to return to a path that respects human rights
Prime Minister Juha Sipilä and Foreign Minister Timo Soini [of Finland] have responded to a letter from the Finnish Union of Journalists. The Union’s missive asked the ministers to urge Turkey to avoid extreme measures in the aftermath of July’s failed coup.
Why Erdoğan exploits anti-American sentiments
With dangerous and discriminatory language, PM Erdoğan exploits anti-American and anti-Israeli sentiment in Turkish society to demonize his opponents. Can Erdoğan win this game? If Erdoğan were confident enough about the corruption case, maybe he could. Instead of letting justice run its proper course, he used his political power to intervene in the judiciary and police forces. This must be considered the most important indicator of his fall.
Reflections from the US
In the past three weeks, the AK Party has proposed new laws to increase government controls over judges and prosecutors, and many investigations have slowed down, raising suspicions that the government might be trying to hide something.
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