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.
İHSAN YILMAZ, Wednesday April 18, 2012 With the democratization of Turkey and the new mentality of the judiciary it has created, prosecutors can now tackle past coup attempts and successful coups, the most recent being the Feb. 28, 1997 coup process. I call it a “process” since the toppling of former Prime Minister Necmettin Erbakan’s […]
Formerly Gülen-linked schools in Albania face growing gov’t pressure
Several schools formerly run by the Gülen movement in Albania have been the subject of growing government pressure in recent weeks. On Oct. 28 the campus of the Turgut Özal School was raided by Albanian police without any court order or warrant, and excessive force was used in the presence of students.
Humanity prepares its own end, says Assyrian Catholic Church leader Sag
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Erdoğan Is Destroying Turkey’s Hopes for Democracy
Turkish President Recep Tayyip Erdoğan’s extra-legal roundup of scores of presumed supporters of the failed July 15 coup against his government is quickly taking its place in modern history alongside Stalin’s purges and China’s Cultural Revolution.
Cold Turkey: Erdogan’s withdrawal from democracy
The bizarre, phantom-like failed coup d’etat staged against Erdoğan’s increasingly brutal regime on July 15 last year saw him seize the opportunity to exterminate, imprison and purge tens of thousands of his enemies, real and imagined, within all strata of civil society, the military, government, media, education, health, the judiciary and other institutions.
Scandalous return of Feb. 28
Hizmet movement lent full support to the AK Party in connection with critical issues such as the lawsuits against Ergenekon — a clandestine organization nested within the state trying to overthrow or manipulate the democratically elected government — and the e-memorandum of April 27, 2007.
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