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 says Turkey’s democracy eroding under AK Party rule
Turkish Islamic scholar Fethullah Gülen has said Turkey, which was not long ago the envy of Muslim-majority countries with its bid to become an EU member and dedication to being a functioning democracy, is reversing progress and clamping down on civil society, the media, the judiciary and free enterprise under the rule of the governing Justice and Development Party (AK Party).
Fethullah Gulen’s Message regarding Rumors Circulated in Turkish Media about a Second Coup Attempt
Fethullah Gulen: Once again, the Turkish media, under government control or government pressure, is circulating horrific rumors, this time about a supposed second coup attempt in the works, supposedly prepared by my sympathizers with the backing of the United States. Such rumors are unfounded and irresponsible.
An interview at a party-state
President Recep Tayyip Erdoğan’s witch-hunt campaign to find and eliminate people who are sympathizer of the Hizmet movement and not sympathizer of the government was reflected in interviews that were organized by the Ministry of Education last month. It seems Turkey has totally become a party-state.
Opposition expresses concern for security of free and fair elections
Opposition parties have repeatedly warned members of the ruling party allegedly involved in graft that they would be held accountable for their corruption. That is the reason why a number of leading members of the AK Party, including Erdoğan, are taking the local elections as a life or death issue for themselves
Gülen says he could be blamed for assassination of an MHP, CHP politician
US-based Turkish Islamic scholar Fethullah Gülen said on Monday that the possible assassination of an important politician from either the Republican People’s Party (CHP) or the Nationalist Movement Party (MHP) in the coming days might be blamed on him by pro-government circles.
[Caliphate in sight] What to expect in 2014 Turkey
Well, under normal circumstances Erdoğan would get neither himself nor his government involved in what looks like plain bribery. But the situation would be completely different if the underlying assumption of the government is that Erdoğan is the de facto caliph.
Latest News
Turkish inmate jailed over alleged Gülen links dies of heart attack in prison
Message of Condemnation and Condolences for Mass Shooting at Bondi Beach, Sydney
Media executive Hidayet Karaca marks 11th year in prison over alleged links to Gülen movement
ECtHR faults Turkey for convictions of 2,420 applicants over Gülen links in follow-up to 2023 judgment
New Book Exposes Erdoğan’s “Civil Death Project” Targeting the Hizmet Movement
European Human Rights Treaty Faces Legal And Political Tests
ECtHR rejects Turkey’s appeal, clearing path for retrials in Gülen-linked cases
Erdoğan’s Civil Death Project’ : The ‘politicide’ spanning more than a decade
Fethullah Gülen’s Vision and the Purpose of Hizmet
In Case You Missed It
History teacher gives birth to her third child in prison
Erdoğan’s parallel bicycle gets rotten
Businesses link to increase Pakistan-Turkey bilateral trade
Don’t be fooled by Hizmet conspiracy theories
Somali education minister praises opening of Turkish school
Kimse Yok Mu to stop beggary in Sakarya, Turkey
Turbulent times [in Turkey due to corruption probe]