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.
Unlawful acts revealed in police raids on Gülen-inspired schools
Another illegal practice was revealed on Wednesday regarding police raids on schools inspired by the faith-based Gülen movement, popularly known as the Hizmet movement, on Sept. 21, as officers refused to give a copy of the police report of seized items to school authorities despite demands by the institution’s lawyers.
Students visiting Turkey bid one another a teary farewell
Students who came to Turkey about four weeks ago to compete in the 11th International Turkish Olympiad — a competition in which Turkish speakers from around the globe recite poetry, write essays and sing songs — bid one another teary farewells during the Olympiad’s closing ceremony in İstanbul on Sunday night. The 11th International Turkish […]
Erdogan possessed by Pharaoh, Herod, Hitler spirits?
In the first chapter of his book: “A Genocide in the Making?” Zooming on “Erdogan’s regime crackdown on the Gulen Movement”, Dr. Bulent Kenes clearly refers to “genocide” as a set of “systematic violent crimes committed against groups with the intent to terminate their existence.”
Why does Öcalan need to approach the Gülen movement?
Emre Uslu The Turkish public has recently been discussing Kurdistan Workers’ Party (PKK) leader Abdullah Öcalan’s peace offer to the Gülen movement. Many observers saw this as a surprise step from Öcalan. Last week I had the chance to speak with both Kurdish politicians and followers of Gülen in the Southeast. Unlike widely believed rumors, […]
Turkey coup attempt: Number of people detained passes 26,000 amid international concern over crackdown
Turkish authorities are arresting people for links to the Gulen movement, which denies involvement. The number of people detained by Turkish authorities following the failed coup to oust President Recep Tayyip Erdogan has passed 26,000.
Police pressure businessmen who sued Erdoğan over Hizmet remarks
On one day, police paid a visit both to the residence and workplace of the businessman, who requested to remain anonymous, even though there had not been any violation of law on his part. Asking arbitrary questions at the businessman’s residence, such as, “Why did you sue the prime minister?”, “What does your husband [the businessman] do?”, “Do you own the house or is it rental?” and “Do you have a car?”, the police asked for the mobile phone number of the businessman and left. The policeman said that they came from the Tepebaşı Police Station in Ankara.
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