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.
Erdoğan calls on US to extradite Gülen in return for jailed US pastor in Turkey
Turkish President Recep Tayyip Erdoğan has called on the US to extradite Turkish Islamic scholar Fethullah Gülen in return for releasing American pastor Andrew Brunson, who has been jailed in Turkey since October 2016.
Gülen’s lawyer to sue daily Sabah over black propaganda
Gülen’s lawyer, Nurullah Albayrak, will file a legal complaint in Ankara against the daily on Monday for violating the confidentiality of communication according to Article 132 of the Turkish Penal Code (TCK) and for insult according to Article 125 of the TCK.
Journalist Gültaşlı: European institutions are ‘cherry-picking’ imprisoned journalists in Turkey
“It is getting increasingly clear that European institutions are ‘cherry-picking’ the imprisoned journalists in Turkey for whom they want to protest,” wrote journalist Selçuk Gültaşlı, who was Brussels bureau chief for the Turkish Zaman newspaper, on the Brussels-based online news website euobserver.com on Tuesday.
Financial Times: Turkey’s crackdown on dissent has gone too far
More troubling is evidence emerging that his government is now using the attempted coup as a pretext to round up all manner of troublesome opponents, not just the Gulenists. It is also damaging the fabric of Turkish society and undermining its institutions, including the security forces. That is a dangerous move in a country whose immune system is already weakened by jihadism and which is battling armed opponents on several fronts.
Turks Seen as Sympathetic to US-Based Muslim Cleric Say They Face Threats
More than a month after Turkey’s failed coup, which its government blames on a U.S.-based Muslim cleric, many Turks seen as his sympathizers say threats from government supporters are complicating their lives.
Police raid successful Gülen-inspired schools, kindergarten in eastern Turkey
As one of the numerous raids against the schools affiliated with Gülen movement, popularly known as Hizmet Movement, two schools and a kindergarten were raided by police along with inspectors on Friday morning.
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