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 prosecutor discredits Gülen movement to counterparts in 121 countries
Chief Public Prosecutor of Turkey’s Supreme Court of Appeals Mehmet Akarca has sent letters to prosecutors in 121 countries around the world explaining the failed July 15 coup in Turkey, joining Turkish President Recep Tayyip Erdoğan in accusing the Gülen movement of masterminding the putsch.
[Part 1] Islamic scholar Gülen calls conditions in Turkey worse than military coup
Islamic scholar Fethullah Gülen, who has inspired a worldwide network active in education, charity and outreach, has described large-scale slander, pressure and oppression his Hizmet movement currently faces as worse than that seen during anti-democratic military coup regimes witnessed by Turkey.
Ex-President Demirel known for his support of Turkish schools abroad
Turkey’s ninth president, Süleyman Demirel, who died on Wednesday at the age of 90, was known for his open support of the Turkish schools abroad inspired by the views of the Turkish Islamic scholar Fethullah Gülen.
PM defends Zarrab, suspected of leading bribery ring
Prime Minister Recep Tayyip Erdoğan has praised Iranian businessman Reza Zarrab — who stands accused of being the ringleader of a shady money-laundering and gold-smuggling ring set up to dodge sanctions against Iran — for his contribution to the country’s economy.
Erdoğan’s allegations proven to be incorrect, contradictory over time
Prime Minister Recep Tayyip Erdoğan has over time turned out to be wrong or self-contradictory in his allegations over a number of issues in the past few years, which has cast doubts on his credibility as well as the credibility of his Justice and Development Party (AK Party) government in the eyes of the people.
78 detained for raising money for post-coup purge victims
At least 78 people who are accused of raising money for post-coup purge victims were detained in an Antalya-based operation into the Gülen movement on Thursday.
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