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.
Hizmet-affiliated schools removed from private school incentive list
The Hizmet schools were in the original list of those institutions which met all the criteria for eligibility to receive financial incentives to accept these students. Announced on Monday, the schools were listed on the ministry’s website until Thursday afternoon, when they were taken off without any explanation. However, an official written notice sent from the ministry to governorates on Thursday said: “It was not deemed proper to give such incentives to education institutions whose managers are under fiscal investigation and interrogation within the scope of the Law No. 5549 on the Prevention of Laundering of Crime Revenues and those that had received punishments fiscal irregularities after due inspections before,” and asked the governorates do what the notice requires.
Mother of three arrested with baby as police fail to locate teacher husband
A mother of three in the western province of Izmir, Fadime Danışman was arrested along with her 8-month-old baby after police failed to locate her husband, a teacher by profession, as part of an investigation into the Gülen movement.
86-year-old man in 11th month of his arrest on coup charges
Ali Osman Karahan, an 86-year-old Turkish man with walking and speaking difficulties has been kept in an Isparta prison for almost 12 months over alleged links to Turkey’s Gülen group, which Turkish authorities accuse of being behind a failed coup attempt in July of last year.
How Erdogan is covering up the corruption scandal
In a blunt violation of Turkish laws and ethical norms, authorities removed nearly 100 police chiefs, who were either involved in the graft raids or pose a possible risk to the government. Two additional prosecutors were appointed to supervise the case, a move mostly interpreted by experts as an attempt to control the judicial process. The government has launched an unprecedented witch-hunt in public institutions and continues to purge any bureaucrat it believes could be cooperative with prosecutors in the graft investigation. Four ministers whose names were linked to these investigations refused to step down despite calls from the opposition.
Horrific Torture Details Emerge In Turkey’s Capital, A Lawyer Reveals
“I feel totally ashamed as a jurist for gross human rights violations and heavy torture practices I have come to know while I was practicing my [lawyer] profession”. The lawyer asks not only his name be kept confidential but also his client for fear of their lives and negative repercussions for sharing details of torture.
How did we step into the missionary threat trap?
After the Justice and Development Party (AK Party) assumed office in 2002, the “missionary threat” was brought to the agenda of the National Security Council (MGK) out of the blue. This council had been acting just like a shadow cabinet as it was dominated by top brass commanders and enjoyed powers and authorities that were […]
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