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.
Turkey’s leading prep school network rejects claims it cheated on state exams
Turkey’s leading prep school network has categorically rejected allegations that its teachers were involved in mass cheating, describing pro-government circles’ latest claim an attempt to “defame” and abolish public service state exams.
Erdogan purge far worse than the McCarthy era
What is happening in Turkey right now makes the McCarthy era in the US look like a picnic. When communists were targeted under McCarthyism they were blacklisted; hundreds were jailed, and many were compelled to leave the country. In Turkey it is not communists, but Gulenists. Anyone remotely associated with the Gulen movement is being rounded up and jailed – not by the hundreds, but by the tens of thousands.
Purge-victim family drowns in the Aegean Sea off Turkey
A Turkish family of five has reportedly drowned after a boat capsized in the Aegean Sea, off the western coast of Turkey, according to several Turkish media outlets. The victims have reportedly been sought by the Turkish government over their links to the Gülen group.
Brazil’s top court denies extradition of [Gulen-linked] Erdogan opponent
Brazil’s chief prosecutor’s office argued before the court against the extradition of Sipahi, who has lived in Brazil for 12 years, saying it had no evidence of terrorist acts committed by Hizmet.
Turkish minister: I would strangle Gülen supporters wherever I see them
Addressing students being sent abroad on scholarships, President Recep Tayyip Erdoğan’s son-in-law and Energy and Natural Resources Minister Berat Albayrak has said he would strangle supporters of the Gülen movement wherever he sees them, the Cumhuriyet daily reported on Friday.
Should Hizmet establish a political party?
If the Hizmet movement had believed that services to Turkey can best be provided through politics, it would have done so from the beginning. Civil society has a special place in democracies. One can also serve the country by rejecting democratic pressures and upholding rule of law and individual freedoms.
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