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.
Nigerian govt demands immediate resolution from Turkey
The Federal Government of Nigeria is demanding an explanation and immediate resolution following the deportation of almost 50 Nigerian students at the Ataturk Airport in Turkey. Just after the coup, the Turkish Government had requested that 17 Turkish schools be closed down for their ties to the Gulen Movement and the Nigerian Government didn’t accept it.
Islamists’ xenophobic policies threaten Turkey
The assaults on Korean tourists and a Uighur chef, who were mistaken for Chinese people, in İstanbul last week have shown the extent of damage dealt to this moderate nation of Turks by the Islamist rulers, who provide political clout to hate crimes and xenophobia in order to sustain their waning power in the government.
Turkey has not achieved enough democratization for Fethullah Gülen’s return
Kenan Taş Mustafa Yesil: “The possible tension between the ruling Justice and Development Party (AK Party) and the Gülen movement is what the pro-guardianship figures desire most. Moreover, it should be recalled how satisfied they were during the constitutional and presidential election crises in 2007 and the AK Party closure case in 2008. Turkey is passing […]
Turkey Wants Mongolia To Shut Down Turkish Schools
Just ten years ago, Turkish Parliament Speaker Bulent Arinc recalled a dramatic scene. One diplomat dropped his teacup upon hearing that he was posted to Mongolia with 5,000 USD, special residence, and a car — a lavish job at that time. “How can I live there?” the diplomat reportedly asked, according to Arinc.
Police raid prominent journalists’ foundation GYV in Turkey
GYV’s members strongly protested the police measure. Underlining that the raid violated standard protocol, high-ranking GYV official Recep Usta expressed; “the protocol states that VGM technical teams can come to the building and conduct examinations; and should they find any violation, a period of a month is granted to us [to fix any issues].
What lies beneath the prep-school row between AK Party and the Hizmet
It is an open secret that Erdoğan is not targeting the prep schools, but the Hizmet movement that is inspired by the Islamic scholar Fethullah Gülen. People and companies that are sympathetic to the movement operate the majority of Turkey’s prep schools. Like the rest of the educational institutions affiliated with the movement, they are the most academically successful, sending students with outstanding scores to the best schools each year.
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