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.
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Prime Minister Recep Tayyip Erdoğan has over time turned out to be wrong or self-contradictory in his allegations over a number of issues in the past few years, which has cast doubts on his credibility as well as the credibility of his Justice and Development Party (AK Party) government in the eyes of the people.
Fethullah Gülen in the Wikileaks Documents
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Students from 140 countries to participate in Turkish Olympiads this year
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AKP turns medical university into its headquarters
Şifa University, which was seized by the Justice and Development Party (AKP) government due to links to the Gülen movement, has been transformed into the AKP’s İzmir provincial headquarters.
Irvine’s new arrivals — Turkish asylum seekers, after a failed coup and a sadly successful purge
The man, who ran a nonprofit that provided humanitarian aid, doesn’t want to be identified because he fears for the safety of the wife and two children he was forced to leave in Turkey. They are hidden in a different city, he said, not far from his hometown. They’ve thrown away their cellphones and erased their social media accounts for fear of being tracked down by a government that no longer welcomes them.
Al-Nusra Claims Responsibility For Murder Of Russian Ambassador, Warns Of More Attacks
The Jabhat Fatah al-Sham organization (formerly the al-Nusra Front) claimed to be responsible for Monday’s murder of Russian Ambassador Andrey Karlov’s in Ankara. Turkish Foreign Minister Cavusoglu had even told his US counterpart John Kerry that both Turkey and Russia “know” that the Gulen movement was behind the ambassador’s murder.
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