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.
Illegal raid against Bank Asya spells disaster for Turkey, says TUSKON head
“The raid on Bank Asya is a violation of the right of proprietorship and a murders the entrepreneurial spirit,” noted the president of the Confederation of Businessmen and Industrialists of Turkey (TUSKON), Rızanur Meral, in an interview with Bugün TV.
Is it struggle between AK Party and Hizmet?
A prosecutor, Mr. Sadrettin Sarikaya, recently invited head of Turkish Intelligence Agency (MIT) for testimony that caused political controversy. Many journalists and politicians claimed that behind this was Fethullah Gulen. Mr Sarikaya’s accusation was that some intelligence agents that infiltrated the Kurdish terrorist group to provide intelligence were actually not performing their job, and moreover […]
Infiltrating or contributing?
None of the academics in attendance reported finding any sign of attempts by movement members to overthrow democracy or even to “grab a bigger share of the pie” for a new elite, shady or otherwise.
Gulen has ‘no intention of leaving the US’
The Alliance for Shared Values “rejects the accusation” by Turkish Deputy Prime Minister Numan Kurtulmus that Gulen is planning a move to Canada, it said in a statement on its website. The Alliance also reiterated its call for an end to attempts to stymie voices of democratic dissent, including journalists, academics, Kurds, liberals and participants in the Hizmet movement.
Turkey Faces Its Iran 1979 Moment
Turkey is at a pivotal point in its history following the failed coup attempt of July 15. President Recep Tayyip Erdogan, having survived the coup plot, won fresh legitimacy and gained a new ally: religious fervor in the streets. Mr. Erdogan can use this impetus either to become an executive-style president, or he can encourage the forces of religion to take over the country, crowning himself as an Islamic leader.
The last refuge of losers: deporting a journalist
İHSAN YILMAZ I am sure most of our readers know my Today’s Zaman colleague Mahir Zeynalov better than they know me. He is a very accomplished Twitter user. His Turkish twitter account has 57,000 followers and the English one has 87,000 followers. Last year, he was chosen as one of the 10 most effective twitter […]
Latest News
Turkish inmate jailed over alleged Gülen links dies of heart attack in prison
Message of Condemnation and Condolences for Mass Shooting at Bondi Beach, Sydney
Media executive Hidayet Karaca marks 11th year in prison over alleged links to Gülen movement
ECtHR faults Turkey for convictions of 2,420 applicants over Gülen links in follow-up to 2023 judgment
New Book Exposes Erdoğan’s “Civil Death Project” Targeting the Hizmet Movement
European Human Rights Treaty Faces Legal And Political Tests
ECtHR rejects Turkey’s appeal, clearing path for retrials in Gülen-linked cases
Erdoğan’s Civil Death Project’ : The ‘politicide’ spanning more than a decade
Fethullah Gülen’s Vision and the Purpose of Hizmet
In Case You Missed It
Anatolian Tigers drive Turkey’s silent revolution
Hizmet without borders
Turks most honest donors to Somalia, says minister
‘A bridge should not demolish other bridges,’ says scholar Gülen
Open Letter to the Islamic Society of North America (ISNA)
Hizmet: a social movement or political manipulation?
EC official: Turkey should address issues within limits of rule of law
