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.
Police raid business association in Malatya in new government-backed operation
Police teams entered and searched the premises of the Malatya Active Businessmen’s Association (MAKİAD) on Thursday in a new wave of government-led operations targeting institutions deemed to have an affiliation with the Gülen movement — a faith-based initiative inspired by Turkish Islamic scholar Fethullah Gülen.
Kimse Yok Mu to launch legal case against cabinet ruling
Kimse Yok Mu filed three separate lawsuits after the cabinet ruling revoking its license to collect donations without government approval.
Turkish coup was Erdogan ‘gift’
Erdogan became quite successful in his two very basic goals right after the coup. First and foremost, for putting all the blame squarely on the Hizmet movement, led by Gulen, and then carrying on a huge cover-up to hide other segments of the coup plotters. The problem is, while he has been quite successful in Turkey – he was not able to convince many in Europe and in the US.
Wife of Calgary imam held in Turkey on coup allegations, says he still has no lawyer
The wife of a Calgary imam being held in prison near Istanbul, Turkey says she was pleased to hear that Prime Minister Trudeau recently spoke to Turkish officials about the matter. Rumeysa Hanci says her husband Davud had nothing to do with the attempt to overthrow the government. She says the family is still trying to get a lawyer for him.
Turkish teacher jailed over Gülen links dies in prison due to lack of medication
Halime Gülsu, who was arrested on Feb. 20, 2018 for allegedly helping the faith-based Gülen movement, died on Saturday in prison in Mersin province, reportedly due to deprivation of the medication she took for lupus erythematosus.
Dutch police detain second Turkish man for threatening Erdoğan critics
Dutch police on Wednesday detained a second Turkish man, a supporter of President Recep Tayyip Erdoğan, on suspicion of death threats and hate speech made against Erdoğan critics in the Netherlands. Rotterdam police detained a 43-year-old Dutchman of Turkish descent who is suspected of having threatened critics of the Turkish president and backers of US-based Turkish Islamic scholar Fethullah Gülen.
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