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.
Erdogan regime keeps defamation of the Gülen mov’t, calls it crusader organization
Ruling Justice and Development Party (AKP) Deputy Chairman Yasin Aktay has said the Kurdistan Workers’ Party (PKK), Islamic State in Iraq and the Levant (ISIL) and Gülen movement are crusader organizations that are serving the same purpose.
Turkish teacher kidnapped in Mongolia freed after authorities ground flight
A Turkish teacher, who was allegedly kidnapped in the Mongolian capital of Ulaanbaatar and taken to the city’s airport, has been released after authorities temporarily grounded an airplane, according to local media and a social media posting by the man.
Erdogan may keep winning, but it wont’ do Turkey any good
I don’t believe Ankara is ever really going to stray from its partnership with the U.S., because Turkey simply cannot afford it. The coup — failed though it was — has left the formerly expanding Turkish economy gasping. Credit-rating agencies have lowered the nation’s stock, and the purging of coup conspirators, both real and imagined, has left tens of thousands of crucial private- and public-sector positions empty. Economic growth, meanwhile, is expected to dip.
GYV calls on government to respect judiciary amid corruption probe
The government should respect Turkey’s independent judiciary as a corruption probe that has implicated senior members of the ruling party deepens, the Journalists and Writers Foundation (GYV), whose honorary chair is Turkish Islamic scholar Fethullah Gülen, said in a statement published on its website on Monday.
Students give International Turkish Olympiad a moving sendoff
İPEK ÜZÜM, İSTANBUL The 11th International Turkish Olympiad, a competition in which Turkish speakers from around the globe recite poetry, write essays and sing songs, wrapped up on Sunday with a ceremony at İstanbul’s Atatürk Olympic Stadium. Nearly 250,000 people attended the event. Students from 140 countries participated in this year’s 16-day Olympiad, fascinating local […]
A Case Study In How Lobbyists For Turkish Government Manipulate The American Media on Gulen Issue
Turkish news outlets lit up this weekend after a former Republican lawmaker published an op-ed at The Hill calling on the U.S. government to extradite Fethullah Gulen, an exiled Muslim cleric whose return to Turkey is an obsession for the NATO nation’s president, Recep Tayyip Erdogan.
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