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.
US Congress members reaffirm unbreakable bonds with Turks
Dozens of members of the United States Congress have reaffirmed strong ties and growing friendship between Turks and Americans in an annual grand convention that also brought together businessmen and public figures. Organized by the Turkic American Alliance (TAA) and the Turkish Confederation of Businessmen and Industrialists (TUSKON), which represents six regional federations and over […]
Fear and paranoia still stalk Turkey two months after the failed coup
The official government narrative is everywhere, from the Twitter accounts to the dominance of the state-affiliated and pro-government press and TV in the wake of media crackdowns. The same words and phrases have been repeated endlessly by the AKP and their supporters until they become almost meaningless – Get Gülen. Gülen. Gülen. We are democracy. Democracy. Democracy. That is how it is, and there is no room to consider anything else.
A Very Predictable Coup?
First of all, though it is not a major issue, none of us believes that Gulen was behind the coup. It is convenient for Erdogan to blame his principal opponent because it will facilitate the arrests of any and all opponents not linked to the actual coup by claiming that they are Gulenists.
Statement of Senator Patrick Leahy On Assault on Press Freedom in Turkey Senate Floor
Mr. President, I have spoken many times on the Senate floor in defense of press freedom because it is a fundamental cornerstone of a democratic society. Today I want to briefly draw the Senate’s attention to the situation in Turkey, one of the many countries in the world where this basic right is under threat by officials in the government who seek to silence their critics.
Ex-Pentagon advisor says Turkey is heading towards civil conflict, if not civil war
Rubin underlined that Turkey is already dangerously polarized prior to an April 16 referendum on a constitutional package that will grant sweeping powers to Erdoğan and switch the country to an executive presidency. “We know from Turkish political history that such polarization often leads to violence,” he said.
Is this corruption scandal backed by the US?
The government has developed a two-stage strategy in order to manage this scandal. The first stage was to blame foreign powers. The second stage was to declare the Gülen community as the representative of these foreign powers in the country and thereby put the blame on the Gülen community.
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