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.
Gülen’s critics have no supporting evidence, says academic
EMRE OĞUZ American sociology professor Helen Rose Ebaugh, who has written a book analyzing the Gülen movement, has said those criticizing the movement have no documents to back up their criticisms. Ebaugh, the author of a book titled “The Gülen Movement: A Sociological Analysis of a Civic Movement Rooted in Moderate Islam,” was speaking at […]
PM Erdoğan also slammed me for my questions on Uludere, says journalist
Ahmet Dönmez, a leading correspondent based in Ankara with the Zaman daily who was sharply rebuked by Prime Minister Recep Tayyip Erdoğan after asking him a question about recent allegations of corruption during a press conference on Feb. 12 and who was proclaimed both a national hero and a traitor on social media outlets shortly thereafter, says that he was also reproached by Erdoğan once before and that this is indicative of the state of journalism in Turkey.
Warning of another Feb. 28 on the eve of an MGK meeting
National Security Council (MGK) will convene. Turkey is going through a grave security crisis due to the situation in Syria and Iraq, and the escalation of domestic terror. The road map, the peshmerga corridor, martyred security forces…
Judiciary acts in line with legally unfounded police report to describe Hizmet as terrorist
A National Police Department report accusing the Gülen movement of being a terrorist organization without any solid evidence is being treated as a document not to be questioned by the judiciary, which apparently views it as an “instruction” by higher-ups, recent investigations have indicated.
PACE concerned over lack of domestic remedy for purge victims in Turkey
Two rapporteurs for the Parliamentary Assembly of the Council of Europe (PACE) on Wednesday expressed concern at the apparent lack of an effective domestic remedy for persons who have been dismissed from their jobs, arrested or detained by the Turkish authorities.
Koza Altın latest victim of government silencing political dissent
Gold mining company Koza Altın A.Ş., the owner of Bugün daily and Kanal Türk TV station, had its activities halted on Tuesday in Çukuralan goldfield, one of the company’s five major gold mines, in a move that has been perceived as the most recent example of the government’s exploitation of inspections and red tape to put pressure on those with critical views.
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