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.
Gülen calls on corrupt politicians to confess their sins, beg forgiveness
Turkish intellectual and Muslim scholar Fethullah Gülen called on senior officials in Turkey on Friday to repent for their sins and lies made to scapegoat others and avoid the blame for their own corruption.
‘Pool media’ court case against Zaman daily tossed out
An İstanbul court tossed out a court case filed against the Zaman daily by the Turkuvaz Media Group involving a Zaman news article detailing pro-government businessman pooling funds together to purchase Turkuvaz late last week.
Six heads of organized crime unit dismissed as hundreds relocated in new police purges [just after an operation against al-Qaeda]
The new relocations come as two heads of anti-terror units who conducted an operation against al-Qaeda and raids against a local branch of the Humanitarian Relief Foundation (İHH) charity were dismissed on Jan. 14.
Why would Gulen choose to attempt a coup that’s contrary to all his views?
I believe it is unlikely that Gulen was the mastermind behind the dramatic failed coup attempt against Erdogan last week. Of course, in the absence of evidence, so far no one can speak with certainty. Gulen’s social movement probably has well over a million followers or sympathizers who are not under centralized control.
London newspaper forced to shut as Erdogan allies seek vengeance
A Turkish opposition newspaper in Britain has been forced to close and its journalists have gone into hiding as supporters of President Erdogan unleash a campaign of intimidation against exiles.
An AKP-neo-nationalist axis?
Emre Uslu, 14 March 2012 Turkey’s foremost thinker, Etyen Mahçupyan, in the Zaman daily, underlined an interesting rapprochement between the Justice and Development Party (AKP) government and the neo-nationalist (Ulusalcı) camp in Turkey. Mahçupyan listed a number of indicators to provide evidence for his argument. Indeed, the indicators he gives are worrisome and show possible […]
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