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.
Top AK Party official likens Gülen’s stance on peace talks to that of Mandela
Justice and Development Party (AK Party) Deputy Chairman Hüseyin Çelik has expressed appreciation for Islamic scholar Fethullah Gülen’s support for ongoing talks with the terrorist Kurdistan Workers’ Party (PKK), likening Gülen’s remarks to those of South African politician Nelson Mandela. In his latest weekly speech, broadcast on website Herkul.org last Sunday, Gülen said as long […]
[Event of the Week] Gülen breaks his silence, responds to allegations
Having stayed largely silent in the face of relentless attacks amounting to hate speech by beleaguered Prime Minister Recep Tayyip Erdoğan, who was incriminated in a massive corruption scandal, Fethullah Gülen spoke to Today’s Zaman and provided his account of how he sees the recent events in Turkey in his first interview with the Turkish media since Dec. 17.
Arrested journalist Hidayet Karaca’s letter published in Le Monde
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Middle East’s Struggle for Democracy: Going Beyond Headlines
Last month, when Hizmet representatives criticized the government-proposed legislation that calls for banning exam prep schools, Turkish and Western journalists labeled this opposition as a feud between Prime Minister Erdogan and Mr. Gulen because roughly 15-25 percent of these prep schools were founded by Hizmet participants according to various estimates. But that is an oversimplification.
Gülen won’t change his stand, urges followers’ patience
Turkish Islamic scholar Fethullah Gülen vowed to defend what he believes despite an organized attack by the government of Prime Minister Recep Tayyip Erdoğan that employs hate speech, slander and outright lies in order to discredit him and members of the Hizmet movement.
PM Erdoğan’s arguments on prep schools contradict statistics, facts
PM Recep Tayyip Erdoğan said during a live TV interview on Wednesday night that his ruling Justice and Development Party (AK Party) will not back down from its decision to close prep schools and listed his government’s arguments, many of which contradict official data, statistics and results of surveys carried out on the issue. According to surveys, 85 percent of the families who send their children to prep schools are low-income families.
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