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.
Arrested journalist Hidayet Karaca’s letter published in Le Monde
Arrested journalist Hidayet Karaca’s letter detailing the threats that the media in Turkey face was published by Le Monde, one of the leading newspapers in France, on Monday.
Pro-gov’t journo says Gülen followers were abducted, illegally questioned by Turkey’s intelligence agency
Abdurrahman Şimşek, Sabah’s special editor for intelligence reporting, admitted on Friday that Turkey’s National Intelligence Organization abducted several people who have links to the Gülen movement and illegally questioned them before handing them over to the police.
Deepening crisis
As the Turkish government clamps down on protesters and attempts to hinder the corruption probe, Turkey is plunging deeper into a crisis that threatens to have a lasting impact on its society and economy.
The corruption case is the main story. With every move made to protect those in its immediate circle, the government is stepping away from the rule of law and undermining its reputation further.
Expert’s opinion: Turkey’s Demanding Extradition Of Fethullah Gülen Is Frivolous Grandstanding
Although ordinarily I respect his cool-headedness and self-control, in hindsight I wish President Obama had been equally blunt in responding to President Erdoğan’s demands that the US extradite Fethullah Gülen. All of his demands, beginning in 2014 and vigorously renewed in the wake of the July 15 attempted coup, have been completely illegitimate and unfair.
Prime Minister Erdoğan in his second home
Apolitical faith-based movements, represented by the Sufi lodges and the Hizmet movement today, regard Iranian expansionism as a real and imminent threat that needs to be tackled.
Turkey Coup: Fethulah Gulen Is Not A Terrorist
Fethulah Gulen did not fall from the sky or moon, he has a history that is in the public domain, the question is why did it take Erdogan too long to realize that Gulen is a terrorist? All through the years of robust relationship between Fethulah and Erdogan there was no accusation that Gulen was a terrorist, why now?
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ECtHR faults Turkey for convictions of 2,420 applicants over Gülen links in follow-up to 2023 judgment
New Book Exposes Erdoğan’s “Civil Death Project” Targeting the Hizmet Movement
European Human Rights Treaty Faces Legal And Political Tests
ECtHR rejects Turkey’s appeal, clearing path for retrials in Gülen-linked cases
Erdoğan’s Civil Death Project’ : The ‘politicide’ spanning more than a decade
Fethullah Gülen’s Vision and the Purpose of Hizmet
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Another new mother detained in Turkey over Gülen links
Turkey’s Brain Drain and the Disappearing Academic Freedom
