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.
UN representative found evidence of torture in Turkish prisons
The majority of the abuse occurred during the times of arrest and interrogation, his report noted, adding that most of those who have been subjected to torture have not filed complaints “for fear of retaliation against them and their families and because of their distrust in the independence of the prosecution and the judiciary.
Students give International Turkish Olympiad a moving sendoff
İPEK ÜZÜM, İSTANBUL The 11th International Turkish Olympiad, a competition in which Turkish speakers from around the globe recite poetry, write essays and sing songs, wrapped up on Sunday with a ceremony at İstanbul’s Atatürk Olympic Stadium. Nearly 250,000 people attended the event. Students from 140 countries participated in this year’s 16-day Olympiad, fascinating local […]
Turkish businessmen have first iftar with Syrian refugees in Hatay
A group of Turkish businessman traveled to Kilis province on Wednesday to join an iftar dinner with Syrian refugees, according to media reports. After iftar, one of the Syrian refugees gave a speech in Turkish, saying: “We are refugees here and you have left your homes and your children and you have come here to have iftar with us. We are very happy and grateful for what you have done for us.”
Following the abortive putsch on July 15 2016, allegations of unfair trials, using torture in prisons and holding suspects without trial have been made against Erdogan’s government. And now, it has been alleged that Turkey is arresting women accused of links to the Gülen movement immediately after they give birth.
Erdogan at UN urges global action against preacher
Turkish President Recep Tayyip Erdogan on Tuesday demanded at UN speech international action against the US-exiled preacher Fethullah Gulen, whom he accuses of orchestrating an aborted coup d’etat against him. Gulen, who fled Turkey for Pennsylvania and has been active in religious dialogue and charity, strongly denies Erdogan’s charges that he organized the July military coup attempt, which quickly collapsed.
Bipartisan think-tank: The U.S. should not interfere politically in Gülen extradition case
If the executive branch were to interfere too forcefully in the Gülen extradition case now, it would only confirm Turkish leaders’ belief that the U.S. system operates on the same corrupt terms as Turkey’s. This would fundamentally affirm Erdoğan’s view that democracy as a value and a practice is a purely cynical discourse used by Western powers to harm Turkey.
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