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.
Government media runs riot in smear campaign against Hizmet
A news article in Daily Sabah, the new, English-language member of the government’s media lineup, claimed on Monday that the police are ratcheting up measures to patch holes in their security network in order to prevent leaks by Gülenists, a derogatory term used to describe the Hizmet movement.
Is this corruption scandal backed by the US?
The government has developed a two-stage strategy in order to manage this scandal. The first stage was to blame foreign powers. The second stage was to declare the Gülen community as the representative of these foreign powers in the country and thereby put the blame on the Gülen community.
What should we expect from 2015?
As you may know, the Justice and Development Party (AKP) and President Recep Tayyip Erdoğan have been able to postpone the Kurdish settlement process they started in 2009 until after the 2015 elections.
Turkey’s Corruption Probe, And One Question For Erdogan
Figures close to the leading Justice and Development Party (AKP), including sons of cabinet members, are facing serious allegations of bribery and money laundering. The government is denying all accusations and claims the charges are part of a conspiracy with roots both foreign and domestic.
Gülen’s curse was misquoted, misinterpreted, GYV chief says
Mustafa Yeşil, chairman of the Journalists and Writers Foundation’s (GYV) executive board, in response to criticisms targeting prominent Turkish Islamic scholar Fethullah Gülen, said the curse uttered by Gülen did not have a direct reference and was poorly comprehended and highly manipulated by some who repeated it.
UN asks Turkey to compensate businessman arrested in post-coup crackdown
The United Nations’ Working Group on Arbitrary Detention (WGAD) has called on Turkish government to compensate a businessman who spent some 3 months in prison over his alleged links to the Gulen movement.
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