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.
Judge suffering cancer jailed in Kocaeli, wife under detention in Tokat
Mustafa Babayiğit, a Turkish judge who reportedly suffers from thyroid cancer, has been sent to jail by a Kocaeli court, while his wife, Songül Babayiğit who is also a judge, has been held in custody in Tokat.
Gülen’s lawyers file civil suit and criminal complaints against Prime Minister Davutoğlu
The lawyers of Turkish Islamic scholar Fethullah Gülen filed both a civil lawsuit and criminal complaint against Prime Minister Ahmet Davutoğlu over the prime minister’s claims about their client.
Ruling AKP officials downplay tension with Gülen movement
The tension between the government and Gülen’s movement (also known as the “Community,” “Cemaat” in Turkish, or “Service,” “Hizmet” in English) has escalated after Prime Minister Recep Tayyip Erdoğan announced plans to abolish private examination prep schools, many of which were financed and run by Gülen’s followers. The tension has recently peaked, with Erdoğan describing the group’s objection to his government’s plans as “a smear campaign.”
Slain prosecutor’s daughter: My father was not with Gülen movement
The daughter of former Bursa public prosecutor Seyfettin Yiğit, who allegedly committed suicide in a prison bathroom on Friday morning after he was put behind bars over Gülen movement ties, said on Saturday that her father was not affiliated with the Gülen movement but was with the Süleymancı movement, an Islamic movement in Turkey founded by Turkish Islamic scholar Süleyman Hilmi Tunahan in the early 20th century.
[Caliphate in sight] What to expect in 2014 Turkey
Well, under normal circumstances Erdoğan would get neither himself nor his government involved in what looks like plain bribery. But the situation would be completely different if the underlying assumption of the government is that Erdoğan is the de facto caliph.
Erdogan’s hunt for Gülenists, at home and abroad, includes abductions, torture and disappearances
Turkey’s crackdown has targeted ordinary citizens, suspected of links with Gülen’s Islamic movement. The country’s secret services have seized people in broad daylight, at home and abroad. Violence is used to extort confessions and denunciations. A victim speaks out.
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