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.
In his speech at the opening of the first session, Prof. Seyfettin Yuksel said: “If it had been said a few years ago that we would be discussing ‘Turkey’s direction’ in the coming years, none of us would have believed it. We were sure about Turkey’s direction.” Unfortunately, nowadays Turkey’s direction is seen as uncertain, and the country has strayed not only from its foreign policy but also from democratic norms and the rule of law in its domestic policies. Here are my notes from the conference.
Decision to build road on school grounds nonsensical, say parents
Following the İstanbul Metropolitan Municipality and Güngören Municipality’s decision to build a road within the courtyard of a private school affiliated with the Hizmet movement this week, the school management made a statement on Friday, saying that the parents of students at the school find the decision nonsensical.
Turkey’s prolonged and arbitrary detention of journalists, human rights defenders, and politicians following the 2016 coup attempt have set back the country’s human rights record, Human Rights Watch said in its World Report 2020 published on Tuesday.
Amnesty laments treatment of Turkey purge victims
Those who believe they were wrongfully sacked can apply to a special commission to have their case reviewed and either be reinstated or compensated. The commission has “failed to uphold international standards and is acting as a de facto rubber stamp for the initial flawed decisions,” Andrew Gardner, Amnesty’s Turkey strategy and research manager, said.
Who is escalating tensions?
Whenever someone questions the government’s performance or flaws in Turkey, the Gülen movement is put under the spotlight. And whenever there is a mass protest, the Gezi figures and Alevis are accused of being behind it.
Nazarbayev says Kazakh-Turk schools belong to Kazakhstan, no extradition of teachers
Kazakh President Nursultan Nazarbayev said on Thursday that Kazakh-Turk high schools that are allegedly linked to the faith-based Gülen movement belong to Kazakhstan and that Turkish teachers working at those schools will not be extradited to Turkey unless they are proven guilty of a crime.
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