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.
Turkish community leader in Hampshire condemns Russian ambassador’s assassination
“We are shocked and deeply saddened to learn of the tragic assassination of Russia’s Ambassador to Turkey, Andrei Karlov, who was speaking at an art gallery in Ankara,” said Eyup Sener, chairman of the Turkish Cultural Center New Hampshire. “We condemn in the strongest terms this heinous act of terror. No terrorist act can be justified, regardless of its perpetrators and their stated purposes.”
Albanian president to Erdoğan: Turkish schools pose no threat
In the latest round of a debate surrounding the Turkish schools in Albania, President Bujar Nishani dismissed Turkish President Recep Tayyip Erdoğan’s request to shut schools down because of their links to the faith-based Gülen movement, also known as the Hizmet movement.
Securitizing the Hizmet / Gulen movement
Turkey’s most influential and widely respected civil society organisation, the Hizmet movement, is under continual attack by PM Erdoğan who accuses it of seeking to establish a “parallel state”. Such rhetoric and ‘securitization’ may destroy the democratic fabric of Turkish society.
Erdogan Budgets $150m To Displace Hizmet Schools In Africa
The motive behind Maarif Foundation is to use it as a tool to pressurize African countries to transfer ownership of Hizmet movement linked schools to the Maarif Foundation since the request for the closure of these schools were turned down for lacking in merit.
Court accepts indictment against 9 officers in case seen as political witch hunt
The investigation into the nine police officers is being carried out by Adana Deputy Chief Public Prosecutor Ali Doğan. The investigation drew strong criticism, as they were based on claims made in government media outlets’ news reports. This raised suspicions as to whether the Justice and Development Party (AK Party) had kicked off a witch hunt against the Hizmet movement, which the prime minister recently threatened to “punish with a large-scale operation.
Ministry of Education denies authorizing raid on Gülen-inspired schools
The Ministry of Education denied on Tuesday having authorized a raid on private schools inspired by the faith-based Gülen movement that was conducted nearly two months ago in an official written statement sent in response to an objection submitted to the ministry by a lawyer representing the school group.
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