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.
The recent debate on tutoring centers and private prep schools and the shocking revelations on the dirty warfare used in the 1990s against the Kurdish population are certainly parts of this pressure-cooker-like mood. It is obvious that “Erdoğan’s Way” of running the country is based on keeping tension just under control, so that it will serve his own ambitions to cement personal power.
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Asked about the prime minister’s claims of the existence of a “parallel state” or the Hizmet movement behind the investigation, the professor said, “These are not claims that are based on concrete information or documents.”
Int’l press organizations call for release of journalist Keneş, condemn arrest
New York-based press advocacy group the Committee to Protect Journalists (CPJ) has called on Turkish authorities to immediately release Today’s Zaman Editor-in-Chief Bülent Keneş, condemning the arrest as a “relentless crackdown” on the press.
An instructive crisis
The links revealed between the National Intelligence Organization (MİT) and the Kurdish Communities Union (KCK), which have been maintained by MİT to embrace Kurdish politics and blur the line between legal and illegal activities, were not surprising to anybody because, in terms of its personnel, MİT is still a military organization. ETYEN MAHÇUPYAN, Thursday February […]
Turkish headmaster accused of Isis links met Malaysian PM, not fit profile of an Isis operative
Karaman, who was the principle of a prestigious international school that promotes critical thinking as well as holding his post with the Malaysian-Turkish Dialogue Society, does not fit the stereotypical profile of an Isis operative.
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