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.
NGO: plot to take over Turkish schools will fail in Africa
Mrs. Osuji said Hizmet Movement schools, otherwise known as Turkish schools, are contributing to the development of education in Nigeria and other African countries. She urged African governments to resist any plot by the Turkish government to undermine their sovereignties and respectability by accepting its disguised order to hand over the Turkish schools to Maarif Foundation.
2014: Towards an “Empire of Fear”
The judiciary package paved the way for the detention of all dissidents and the appropriation of their assets. Turkey became an “Empire of Fear” with the arrangements concerning MİT, internal security, reasonable suspicion and the criminal courts of peace.
Crackdown in Turkey passes the point of no return
Turkey’s alliances with the US and EU are fraying badly. Above all, Mr Erdogan is moulding the country in his own image, with only a uniform message allowed. As one liberal intellectual puts it: “In the past you got arrested for what you said, but now you can be arrested for what you don’t say.”
Bank Asya shares skyrocket after trading resumes
The Islamic bank has been in the spotlight since Turkish media reported that state-owned companies and institutional depositors loyal to Prime Minister Recep Tayyip Erdoğan had withdrawn TL 4 billion ($1.8 billion), or some 20 percent of the bank’s total deposits, because the bank’s founders include sympathizers of cleric Fethullah Gülen, a former-ally-turned-critic of Erdoğan.
Ahmet Şık’s book and Ergenekon’s media campaign (3)
Emre Uslu, Sunday January 1, 2012 In a previous article I examined the media campaign against the Ergenekon trials and discussed Ahmet Şık. As I mentioned, the impact of Şık’s arrest was exaggerated because he was allegedly writing a book criticizing the Gülen movement’s influence in the police force, and his arrest was to prevent […]
Statement on Journalists Arrests
The raids on Turkey’s top selling newspaper Zaman and prominent TV organization STV are profoundly disturbing to all of us who value democracy, tolerance and the role of a free press in safeguarding both. Journalists who report about the suppression of human rights are not enemies of the state; rather they are documenting the actions of those who undermine the safeguards of a democratic Turkey.
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