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.
Post-coup purge will affect Turkey’s education sector for decades
With more than 120,000 public workers suspended and nearly 40,000 people in prison, the aftermath of Turkey’s failed July 15 coup is being felt across every part of society, including its highest-ranked schools. The day after the coup attempt, 1,577 deans — working at nearly every university in the country — were forced to resign. An estimated 200,000 students were left in limbo after the closure of 15 universities and 1,043 private schools.
Turkish-American community grapples with Turkey coup’s aftermath
Dr. Gokcek said he is not optimistic. He is fearful about the growing tensions in the country and coup sympathizers who might be stigmatized as traitors. On a basic level, Gokcek said, he has been able to sit down and eat with other Turkish-Americans with whom he might not always agree. “Some of those friends, I might not be able to now,” he said.
Massachusetts Judges Express Fears Over Arrests, Firings Of Judges In Turkey
Former Justice Robert Cordy is worried sick about the fate of the judges he helped train in Turkey and here in Boston. They have been fired, jailed, or gone missing. “It’s devastating,” he said. “I don’t think anything has ever devastated me more than seeing this happen to people that I have come to know, love, respect. It is just beyond the pale.”
Gülen’s relatives dismayed over smear campaign against Islamic scholar
Dismayed, if not surprised, by the unabated smear campaign against distinguished Turkish Islamic scholar Fethullah Gülen, the scholar’s relatives have expressed their disappointment and anxiety over the endless accusations and slander against Gülen.
Growing Corruption Inquiry Hits Close to Turkish Leader
In building his political career, Turkey’s powerful and charismatic prime minister, Recep Tayyip Erdogan, relied heavily on the support of a Sufi mystic preacher [Fethullah Gulen] whose base of operations is now in Pennsylvania. Mr. Gulen’s followers “never approved the role the government tried to attain in the Middle East, or approved of its policy in Syria, which made everything worse, or its attitude in the Mavi Marmara crisis with Israel,” said Ali Bulac, a conservative intellectual and writer who supports Mr. Gulen.
Misrepresentation of Fethullah Gülen in English-language media
The language in general and the way certain politically significant words are used in some of this media coverage are somewhat problematic in the sense that they fail to present the full picture about Gülen, if not deliberately create doubts and prejudices about him.
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