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.
Amnesty International researcher criticizes witch-hunt in Turkey
Amnesty International’s Turkey researcher has leveled sharp criticism against Turkey over ongoing purges that have followed a failed coup attempt in July and said arrests and firings over alleged links to the Gülen movement have now turned into a wide-ranging witch-hunt. He said arrest and detentions, which are based on no evidence, are bound to inflict damage to the notions of rule of law and freedom of expression.
Practicing Muslims and negotiating with the Kurdists
DR. İHSAN YILMAZ The Hizmet movement has taken the lead on several sensitive issues in Turkey, ranging from democratization and the EU process to interfaith dialogue. I think it must also take the lead in supporting the peace attempts. It does not have to give a blank check to everyone and can voice its concerns, […]
Gülen calls for support to a [presidential] candidate with true integrity
Commenting on the upcoming presidential elections on Sunday, Islamic scholar Fethullah Gülen has urged Turks not to cast their vote for a candidate who oppresses citizens, does injustice to them and disregards the rule of law.
Prep schools and market rules
The Justice and Development Party (AK Party) government decided recently to close down preparatory schools, establishments that help Turkish students prepare for high school and college entrance exams. In a free market economy, whenever there is a demand for a good or service, its corresponding supply is created naturally; it’s that simple. However, the debate became furious and shifted into the political arena.
Scandalous return of Feb. 28
Hizmet movement lent full support to the AK Party in connection with critical issues such as the lawsuits against Ergenekon — a clandestine organization nested within the state trying to overthrow or manipulate the democratically elected government — and the e-memorandum of April 27, 2007.
Germany informs Gülen sympathizers about Turkish Intel surveillance
German authorities have informed Turks linked with the Gülen movement about Turkish National Intelligence Organization (MİT) surveillance in Germany. German experts concluded that most of the photos of 300 Turks and 200 schools, associations and organizations that are connected to the Gülen movement were taken secretly by surveillance cameras.
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