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.
Gülen says paying price for not supporting Erdoğan’s desire for presidential system
“Mr Erdoğan put pressure on me and Hizmet sympathizers to publicly support his idea of a presidential system. He increased the pressure by supporting government-funded alternatives to Hizmet institutions and then began threatening to close them down,” Gülen stated in a written interview with Nahal Toosi, which was published on Friday. According to Gülen, Hizmet sympathizers are paying a heavy price for their independence.
The Scientific and Technological Research Council of Turkey (TÜBİTAK) has changed the scoring system it uses to evaluate student grades in science olympiads it sponsors, giving private schools a smaller coefficient and thereby placing students from these schools at a disadvantage.
Political life and NGOs in Turkey: Journalists and Writers Foundation
One of the most prominent NGOs in Turkey is the Journalists and Writers Foundation (GYV). This NGO recently published a statement in newspapers to announce that it does not have an agenda in terms of establishing a political party or appointing others to form a party on its behalf.
The cleric, the coup and the conspiracy
In Pennsylvania, Gülen and his aides scrambled to denounce the coup attempt as it unfolded. “As someone who suffered under multiple military coups during the past five decades, it is especially insulting to be accused of having any link to such an attempt,” Gülen said in a statement, referring to Turkey’s spotty democratic history. The U.S. also was quick to condemn the coup attempt, but not quick enough for many in the Turkish government and media.
Turkish family detained in Qatar as Erdogan steps up crackdown on Gulenists abroad
Qatari police detained five members of a Turkish family who are linked to the faith-based Gülen movement while the family was on their way to South Africa, the yenihamle.com news website reported on Monday.
Somali students caring for the Soma orphans
The Somali students who were previously brought to Soma, Manisa, for study by Kimse Yok Mu Foundation (KYM) in 2011, recently donated stationery supplies for 105 orphans the mining disaster left behind.
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