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.
NATO Insiders Suspect Turkey Coup Was Staged by Erdogan himself
In the 8 months since Turkey’s government weathered a potentially destabilizing coup, allegations continue to swirl about who was actually behind the surprising flare up of violence. In an unsubstantiated leak to Aldrimer.no, “Senior NATO sources” currently believe the coup was staged by President Erdogan himself.
Opposition CHP to take Gül-approved dershane law to Constitutional Court
The main opposition Republican People’s Party (CHP) is preparing to take a controversial law closing Turkey’s dershanes, or private preparatory schools, to the Constitutional Court, the party said a day after President Abdullah Gül signed the bill into law on Wednesday.
Lessons from Dec. 17: Who is parallel?
To prove whether the Gülen movement has a parallel structure , one has to establish that the investigations and wiretappings were not conducted within the scope of a legal investigation. If that is proven, one has to demonstrate that the police and prosecutors in charge of the investigations were receiving instructions not from the state but from sources within the movement. Both of these claims have to be proven with evidence.
How It Feels to Be a Dissident in Turkey After the Failed Military Coup
LOUISE CALLAGHAN To plan a speedy political exile from Turkey today, you need two things: a world map and the Wikipedia page on “visa entry requirements for Turkish citizens.” If you get out a highlighter and start cross-referencing the two, you’ll quickly see the bottom half of the map is more accessible than the top. […]
A Forum On Africa in Turkey (I)
Istanbul was peaceful when we arrived to attend the 29th Abant international forum titled: “Africa: Between Experience and Inspiration”. The event which brought together about 160 participants held between June 28-30, 2013 at a serene and scenic mountain resort of Abantu Buyuk Hotel in Bolu,Turkey.
Turkey tries to trap Obama with extradition demand [of Mr. Gülen]
But while U.S. agency spokesmen are trying to be cautious in what they say, skepticism about Turkey’s claims that Gulen directed the plot are widespread in Washington. Last week, in comments that likely burned a few ears in Ankara, U.S. Director of National Intelligence James Clapper told The Washington Post that he did not believe Turkey had yet offered enough proof to implicate Gulen, who has lived in Pennsylvania’s Poconos region for years.
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