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.
CNN’s Ivan Watson looks at Fethullah Gulen, the Turkish cleric living in the US who President Erdogan squarely blames for the deadly failed
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Ihsan YILMAZ July 4, 2012 The Kurdish problem in Turkey has many domestic and international dimensions. It is, of course, impossible to touch upon all of these in a column. Thus, I will look at only a few of these aspects. It is obvious that the Justice and Development Party (AKP) wants to solve the […]
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They hope to cover up the corruption investigation and the reassignment of thousands of police officers and dozens of prosecutors and judges that had been planned much earlier. When the prime minister opted to use the language of insult, his copycat ministers and deputies who want to be popular with the prime minister began to use even more violent language.
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Following President Erdoğan’s statement that no country is safe for Gülen movement sympathizers, the pro-AKP media targeted exiled journalists in the US and Europe on Monday. Turkey’s National Intelligence Organization has been tasked with locating, arresting and even killing military officers who fled Turkey after allegedly taking part in a failed coup attempt in July, according a story in the Vatan daily on Aug. 30.
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Yet more than three years since the public feud between Erdoğan and Gülen began, the allegations against the Gülen movement of infiltrating the state, plotting coups, and proselytizing students through its schools still rest on speculation.
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