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.
The Gülen movement: advocators of interfaith activities in Turkey
To cover up the [corruption] investigations, the newspapers close to the government use many derogatory labels for the movement, such as “promoters of light or moderate Islam,” “the protestantization of Islam,” “collaborators and allies of foreign intelligence agencies,” and “Christian missionaries under an Islamic guise.”
U.S. schools are indirectly linked to preacher, often well-regarded
Even before the revolt, this network was already in Erdogan’s sights. Critics say Gulen gets payments from supporters doing contract work on the schools or from “donations” made by Turkish instructors brought to the U.S. on special visas to teach at them, charges he has rejected. Several charter chains thought to be related to the Gulen movement have been investigated by local authorities for misusing taxpayer dollars, but the inquiries haven’t resulted in charges of wrong doing.
Even a village cannot be ruled this way
A simple question: by what standards is Turkey being ruled now? Constitution? Laws? Unfortunately, neither. We have a rule based on arbitrariness and bullying. How about democratic criteria? They were long shelved. Legal criteria?
Turkey’s accused – Tragic stories of the purged
Turkey’s hunt for traitors after the failed July 15 coup has upended communities around the country and strained the rule of law. Arrests initially focused on military and security personnel. In the months since, tens of thousands of others, mainly teachers, have been caught in the crackdown.
PKK terrorists set dorm on fire, one student injured
Terrorists from the Kurdistan Workers’ Party (PKK) have set fire to a dershane and its dorm that belong to the Hizmet movement in the eastern province of Muş, injuring at least one student.
Court rules for release of Zaman chief editor, Samanyolu manager arrested
A Turkish court ruled on Friday to release the editor-in-chief of the Zaman daily, five days after he was detained on charges of forming and leading an armed terrorist organization.
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