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.
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Terry Spencer Hesser, director of the first feature-length movie about Fethullah Gülen and the Hizmet movement, a grassroots initiative inspired by the Islamic scholar, spoke to Sunday’s Zaman at the Strasbourg screening of the biopic titled “Love Is a Verb,”
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Fethullah Gulen, the man blamed by President Recep Tayyip Erdogan of orchestrating the attempted military coup that rocked Turkey, has tried to turn the accusation against his political rival by suggesting that Mr Erdogan’s ruling AKP party had staged the uprising. In a rare interview from his residence in rural Pennsylvania with the Financial Times […]
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A prosecutor, Mr. Sadrettin Sarikaya, recently invited head of Turkish Intelligence Agency (MIT) for testimony that caused political controversy. Many journalists and politicians claimed that behind this was Fethullah Gulen. Mr Sarikaya’s accusation was that some intelligence agents that infiltrated the Kurdish terrorist group to provide intelligence were actually not performing their job, and moreover […]
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