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.
CHP deputy calls Erdoğan’s order to bring down Hizmet ‘crime’
The CHP deputy pointed out it does not say the president can threaten or can give instructions to the MGK to bring down an organization.
According to this Monday’s Taraf daily, the ruling AK Party (Justice and Development Party) is planning to put forward a proposal to MGK to consider the Hizmet movement as illegal. Erdoğan hinted that the MGK would take action against “parallel structures.
Turkey squandered historic opportunity to achieve democracy, says Gülen
Stressing that In Turkey or elsewhere, authoritarian rulers have exploited the differences within the society to polarize various groups against each other, Gülen said “citizens should come together around universal human rights and freedoms and be able to democratically oppose those who violate these rights.”
Turkey’s teachers, police officers join unskilled labor force after coup purge
Many public servants, including police officers and teachers, found themselves working at unskilled jobs in the labor market after being dismissed following decrees issued by the Turkish government in the aftermath of a coup attempt on July 15, 2016.
Turkey, The great purge – Four lives upturned by Erdogan’s ‘cleansing.’ Episode 3 – Omer
It was a tweet that set it all off. An innocuous post that plunged Omer Faruk Gergerlioglu into a personal, administrative and political hell — and a private trauma that has publicly exposed a growing rift within Turkey’s Islamists.
A solid step in Gulen movement Alevite community dialogue: Mosque-cemevi-soup kitchen project
The Gulen movement and Cem Foundation of the Alevite community have agreed to launch an important project. They will build a mosque, a cemevi (Alevite house of gathering) and a soup kitchen side by side in the capital of Turkey, Ankara. Gulen (Hizmet) movement takes a concrete step forward to extend common shared values with Alevite […]
Independent deputy says there may be an attempt to pin political murders on Gülen movement
İlhan İşbilen, an independent deputy for İzmir, has said some sections of society are part of a “dirty scenario” that aims to make sure the Gülen movement, a faith-based grassroots social initiative, is uttered in the same breath as extrajudicial political killings.
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