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.
Outgoing chairman proudly admits Istanbul Bar Association refused to serve Gülen followers
The Istanbul Bar Association has turned down sympathizers of the Gülen movement who requested lawyers for their hearings in the post-coup trials, the outgoing president Ümit Kocasakal said on Saturday.
Terrorist PKK targets Gulen movement’s schools in Hakkari
Schools opened by the Gülen movement, inspired by internationally respected Turkish scholar Fethullah Gülen, in the eastern province of Hakkari are often threatened by the terrorist Kurdistan Workers’ Party (PKK), according to an interview by the T24 news portal. The first private school the Gülen movement in Hakkari was opened in 2007. There are currently 300 students at the school, Hatice Avcı College.
High court accepts indictment against Cihaner and Gen. Berk
The Supreme Court of Appeals on Friday accepted an indictment concerning a former third army commander and a prosecutor, who is currently a Republican People’s Party (CHP) deputy, accusing the two men of founding and running a terrorist group. 2 March 2012 / TODAY’S ZAMAN, İSTANBUL The action plan details a military plan to destroy […]
Twitter shouldn’t let itself become a tool for tyrants
Journalists have been in Mr. Erdogan’s crosshairs, and his campaign is pushing into the digital universe, too. Turkey is pressing Twitter to silence journalists, and Twitter must resist more vigorously. Twitter is a powerful force for free expression. “The tweets must flow,” the company likes to say. But they don’t always flow, as freedom of speech and democracy are in retreat around the globe.
Hakan Şükür’s resignation
The resignation of İstanbul deputy Hakan Şükür from his ruling Justice and Development Party (AK Party) is not an ordinary resignation. It is the most serious incident that disrupts the prestige of the AK Party in the eyes of pious voters.
Şükür’s statement about his resignation must be carefully studied. This statement explains the Hizmet movement’s perspective regarding the recent row between the government and the Hizmet community for the first time and with a clear wording.
Post-Kemalist Turkey and the Gülen Movement
The Gülen Movement was known for the cool-headed decisions it took at the risk of severe criticism during Turkey’s most difficult times. Today, it would be expected that the same movement will display a similar rationality in a changing Turkey.
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