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.
Kimse Yok Mu to distribute 90,000 food packages during Ramadan
The Kimse Yok Mu (Is Anybody There) charity foundation will be offering aid packages to 90,000 families in all the 81 provinces during the holy month of Ramadan. The fasting month of Ramadan, deemed the sultan of all the months by Muslims, is considered the most venerated, blessed and spiritually beneficial month of the Islamic […]
KCK, Gülen, AKP: shifting alliances?
MUSTAFA GÜRBÜZ Regarding the heated prep school debate, Justice and Development Party (AKP) Ardahan Deputy Orhan Atalay explicitly spelled out the AKP- Gülen tension: “Just as the KCK [the Kurdistan Communities Union, an umbrella organization that contains the Kurdistan Workers’ Party (PKK)] is a parallel structure within the state; prep schools have become the same […]
Erdoğan’s game plan for Hizmet
Erdogan may continue to demonize and even to try to criminalize the Hizmet movement in an effort to brainwash his people into believing that he is the only one who can save the nation. We will see if this brings him the additional votes he needs to be elected president.
Did you say extradition?
There is no crime attributed to Gülen and no investigation or court ruling against him. But one thing is certain: It is almost impossible that the US will respond positively to the Turkish government’s demand that Gülen be extradited.
Bulgaria, the state sentenced to compensate Turkish journalist
The European Court of Human Rights condemned Bulgaria for the 2016 extradition of a Turkish journalist, hastily handed over to the Turkish authorities who accused him of being part of the Fehtullah Gülen movement, in violation of national and international rules.
Mueller Probes Flynn’s Role in Alleged Plan to Deliver Gulen to Turkey
Special Counsel Robert Mueller is investigating an alleged plan involving former White House national security adviser Mike Flynn to forcibly remove a Muslim cleric living in the U.S. and deliver him to Turkey in return for millions of dollars, according to people familiar with the investigation.
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