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.
Russian Diplomat Assassin’s Sister Says Police School, Not Gulen, Radicalized Him
The on-camera murder of Russian ambassador Andrey Karlov by 22-year-old Turkish police officer Mevlut Mert Altintas raised some disturbing questions about corruption and security in Turkey. In an interview with Hurriyet Daily News, Altintas’s step-sister Seher made those questions even more disturbing by claiming her brother was radicalized in police school.
Beninese president: African relations imperative for Turkish power
Since Turkey kicked off a strategic initiative to improve its commercial relations with Africa in 2003, this extra attention has resulted in an increased trade volume with the continent. Beninese President Thomas Yayi Boni said Africa also sees Turkey from a strategic perspective, noting that Turkey is one of Benin’s high-priority partners.
Turkey bans math textbooks due to questions including Gülen’s initials
Turkey’s paranoia over the Gülen movement has reached new heights with the government banning mathematics textbooks due to questions involving the initials of Islamic scholar Fethullah Gülen.
Replacing Turkey’s purged elite
On Wednesday, Reuters reported that Turkey has recalled, dismissed, and imprisoned the cream of the crop of its military, its NATO envoys. 400 NATO military envoys in Europe and the United States, the most trained and experienced, have been purged.
Mother of 5 children abandoned in parking lot released on high bail
A Turkish court on Monday released a housewife, a mother of five whose children were abandoned in a parking lot after her detention, on TL 50,000 bail. This is a high figure in a country where the minimum wage is approximately TL 1,300. The woman will be put behind bars again if she fails to pay the bail within seven days.
Parents: Pak-Turk institutions’ control should not be transferred
Pak-Turk International’s Parents and Teachers Association (PTA) on Tuesday stressed against transferring the institutions’ control to other organisations as it will affect the future of its 1500 teachers’ future along with 10,000 students enrolled in 28 schools, colleges. The spokesman urged that if the government found any one from these schools involved in illegal practices, it should take strict action against him.
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