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.
Despite the obstacles he has orchestrated for those pursuing the investigations, Erdoğan has never been able to gain enough traction to shift the debate away from corruption since Dec. 17. He must now be running on fumes.
Call for paper for “International Family Policy Conference”
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Teacher jailed with 3-day-old baby released only to house arrest with ankle bracelet
Aysun Aydemir, an English teacher who was jailed with her three-day-old baby on Monday, has been released only to house arrest with an electronic bracelet on her ankle.
Ayse Bohurler says International Herald Tribune misquoted remarks on Gülen movement
22 April 2012 / TODAYSZAMAN.COM Ayşe Böhürler, a founding member of the ruling Justice and Development Party (AK Party), has said her remarks on the faith-based Gülen movement were misquoted in an International Herald Tribune article last week, denying statements that were highly critical of the movement and attributed to her by the paper. “It […]
4-year-old visits dad in jail on Children’s Day wearing T-shirt with newborn brother’s picture
Minutes before paying a visit to her jailed father early on Sunday morning, H.A. was photographed in front of Sakarya L Type Prison wearing a T-shirt bearing a photo of her newborn baby brother.
Is the AK Party turning into the old CHP?
Foreign Minister Ahmet Davutoğlu and EU Minister Mevlüt Çavuşoğlu had attributed the EU and global media’s criticisms of the AK Party administration’s mistakes to the Hizmet movement.
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