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.
Rounding up the ISIS collaborators, in Turkey and Kurdistan
As U.S., Iraqi and Iraqi Kurdish forces close in on Mosul, there is hope that the military campaign can force ISIS out of Iraqi territory. Of course, there are many questions still unresolved, for example, about how to pick up the pieces in Mosul.
Erdoğan Jails Hundreds of Babies in Paranoid Purge
When will the world pay heed to the humanitarian crisis on Erdoğan’s home turf that engulfs more innocent people by the day, even crying babies? Erdoğan’s paranoid purge of perceived political enemies has landed hundreds of babies and toddlers behind bars, sometimes arresting mothers on the very day they have given birth.
Can a Post-Coup Turkey Get Along with Europe?
None of this has stopped the government from undertaking a huge, self-destructive purge, with around 10,000 people arrested, 100,000 people dismissed, and the seizure of assets of more than $4 billion, numbers that worry not just human rights activists but foreign investors as well. The government’s fury is understandable but it should distinguish between those who took part in the coup and those who simply belonged to the Gulen movement.
Judge says judiciary still under tutelage, implies gov’t responsible
Even the simplest court decisions are subject to discussion and the trust in the judiciary has been badly damaged. Everyone, including the judiciary and executive bodies, should put forward documents and evidence related to the claims [of the existence of a parallel state],” Constitutional Court President Haşim Kılıç stated.
Turkish officials cancel green passport of Islamic scholar Gülen
Nurullah Albayrak, Gülen’s lawyer, said the decision to cancel the scholar’s passport is politically motivated and has no legal basis. He said Gülen was granted a green passport after his application to the relevant authorities following the adoption of Article 4 of Law No. 5682, which allows certain state officials and retired or resigned public servants to apply for a green passport after a review of their status during their work.
Under Erdogan oppression, autocracy rules in Turkey
A day after Turkey’s notoriously repressive regime led by an autocrat president issued sweeping arrest warrants for 42 journalists on July 25 on all sorts of trumped-up charges, I decided that the time had come for me to pack up and move out of the country.
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