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.
Gülen says abusive language to cover up sins is hypocrisy
Turkish Islamic scholar Fethullah Gülen has strongly criticized abusive language and remarks within pro-government circles insulting members of the Hizmet movement, saying this kind of behavior is hypocritical and is being employed to cover up their own sins.
Dialogue Platform’s Statement on Developments in Turkey
Dialogue Platform which is connected with Gulen’s mouvement Hizmet, in a Statement denied any involvment in Turkey’s coup. The Statement says: “Our Honorary President Fethullah Gulen has consistently advocated for democracy and insisted “there is no return from the democracy” at every stage of his life. Hizmet participants have always denounced the military interventions and […]
Zaman Editor-in-Chief Dumanlı faces probe over ‘insult’ to Erdoğan in news report
An investigation has reportedly been launched into Zaman daily Editor-in-Chief Ekrem Dumanlı for “insulting” President Recep Tayyip Erdoğan in a news report that appeared on the website of the daily.
Fethullah Gulen: Killing of Russian envoy ‘heinous act’
U.S.-based cleric Fethullah Gulen on Monday condemned the assassination of Russia’s ambassador to Turkey as a “heinous act of terror” and urged the Turkish government to identify anyone who aided the gunman.
86-year-old man in 11th month of his arrest on coup charges
Ali Osman Karahan, an 86-year-old Turkish man with walking and speaking difficulties has been kept in an Isparta prison for almost 12 months over alleged links to Turkey’s Gülen group, which Turkish authorities accuse of being behind a failed coup attempt in July of last year.
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