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.
Gülen’s lawyer says claims of luxury homes part of smear campaign
Gülen’s lawyer, Orhan Erdemli, denied the allegations, saying the claims are fabricated and were made up as part of a smear campaign against his client. According to Erdemli, Gülen adopts a modest lifestyle and pays rent for his room in a house in Pennsylvania where he lives.
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3-month-old with oral disease also under arrest as parents imprisoned over coup charges
Under arrest along with his mother since April 27, three-month-old Betul A. has been suffering from oral thrush in prison, her grandfather told Turkish media. With her father, Ali İhsan also under arrest over similar charges, Betul is kept under mother’s care in prison.
MİT to monitor all religious groups as potential parts of parallel state
The National Intelligence Organization (MİT) recently sent a document in which all religious communities and groups within state institutions, described as “parallel state structures” (PDY) in the document, were cited as the main target to be monitored in 2014, the Taraf daily claimed on Friday. Analysts are concerned that the government’s attitude may take the form of a witch hunt that will undermine democracy.
Turkey’s Erdogan vows to cut off revenues of Gulen-linked businesses
“The business world is where they are the strongest. We will cut off all business links, all revenues of Gulen-linked business. We are not going to show anyone any mercy,” Erdogan said, describing the detentions so far as just the tip of the iceberg. The Turkish authorities had already seized a bank, taken over or closed several media companies, and detained businessmen on allegations of funding the cleric’s movement ahead of the failed coup attempt.
Turkey’s leading prep school network rejects claims it cheated on state exams
Turkey’s leading prep school network has categorically rejected allegations that its teachers were involved in mass cheating, describing pro-government circles’ latest claim an attempt to “defame” and abolish public service state exams.
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