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.
WikiLeaks Emails Show Turkey Tried To Hide Corruption Evidence
Hacked emails show a race to discredit an audio recording of Turkey’s then PM Erdogan telling his son, Bilal Erdogan, how to avoid charges. These emails show that Turkey’s ruling party knowingly misled the public about previously leaked audio in which the country’s leader tells his son how to avoid corruption charges.
Turkish coup was Erdogan ‘gift’
Erdogan became quite successful in his two very basic goals right after the coup. First and foremost, for putting all the blame squarely on the Hizmet movement, led by Gulen, and then carrying on a huge cover-up to hide other segments of the coup plotters. The problem is, while he has been quite successful in Turkey – he was not able to convince many in Europe and in the US.
Islamists lost test with power, Arab and Turkish intellectuals agree
Gathering in İstanbul at a meeting organized by Turkish Review and Hira magazine, Arab and Turkish intellectuals have discussed the role of the state in Muslim societies and agreed that Islamist politicians have lost their test with power, as they were transformed by the state instead of transforming the state.
Deputy Bal says did not resign from AK Party on anyone’s orders
Responding to speculations put forward by circles close to the ruling Justice and Development Party (AK Party) that independent Kütahya deputy İdris Bal resigned from the party on an order from Turkish Islamic scholar Fethullah Gülen, Bal has said he did not resign from the party on anyone’s orders, stating that if they could prove this, he is also ready to resign from his post as deputy.
Minister: Turkish gov’t racks up $5 bln in confiscation of Gülen-linked properties
The value of immovable properties including dormitories, real estates and schools that the government has confiscated as part of its clampdown against Gülen movement so far, totals around TL 15 billion or $4.9 billion, according to Environment and Urban Planning Minister Mehmet Özhaseki.
Approval rate of Turkish schools abroad at 78 percent
Research company Veritas conducted a survey in July 2013 with 4,296 people in face-to-face interviews in 42 provinces in an effort to measure the approval rate of the Turkish Olympiads that are organized annually.
Accordingly, 67 percent of the respondents expressed a positive opinion of these language olympiads while only 8 percent expressed a negative view.
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