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.
Astonishing questions about the failed coup attempt in Turkey
Critics claim that this failed coup attempt was simply a pretext to legitimize arbitrary authoritarian practices, eliminate all the dissent while filling the state apparatus with staunch supporters, and start an ethnic cleansing against sympathizers of the Gulen movement and Alawites.
İstanbul municipality tears down part of school in midnight operation
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Erdogan regime’s defamation of Hizmet at full throttle – UK-based academic denies recent allegations
In a written statement released both in Turkish and English, UK-based academic Özcan Keleş denied recent allegations about him that appeared in Turkey’s mostly pro-government media outlets, saying that only his name, his father’s name, his hometown and the fact that Aksaray is a city in Turkey were accurate in the articles. “Everything else is untrue,” Keleş says.
‘Parallel state’ and ‘theft of national will’
There is not a single piece of concrete evidence indicating that prosecutors and police officers had acted in contravention of laws and regulations in the investigation into the corruption claims that implicated some former Cabinet members and their sons. However, these public officials who performed their lawful duties in full compliance with the principles of transparency, accountability and equality — which are fundamental characteristics of the regimes that uphold the rule of law — were recklessly accused by the prime minister and his cronies of being the “parallel state.
Fethullah Gülen versus Ayatollah Khomeini?
Gülen will not return to a society that is expecting him as the Savior or the true representation of Turkishness or the antidote to current political failures. Although it is true that Gülen’s imminent return would cause tensions, it would only be tensions created by political interest groups which would use his presence for their […]
The gravest-ever smear
The erstwhile political Islamists — who would frequently utter the slogan “Every day is Ashura and everywhere is Karbala,” referring to the tragic incident in Islamic history when the Prophet Muhammad’s grandsons, Hasan and Husain, as well as those who accompanied them, were ambushed and slaughtered near Karbala in Iraq — apparently stick today to the formula “Every day is a lie and everywhere is a smear.”
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