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.
Erdoğan calls on people to show no mercy to Gülen movement
Amid an ongoing witch-hunt targeting the faith-based Gülen movement, President Recep Tayyip Erdoğan on Saturday called on people to not show mercy to the movement, saying the pitiful will be pitied, the state-run Anadolu news agency reported.
Trustees decide to remove Gülen’s books from NT bookstores
In an explicit example of censorship, a panel of trustees who were appointed to Kaynak Holding last week in a government-backed move has decided to have copies of all books written by Turkish Islamic scholar Fethullah Gülen removed from the shelves of hundreds of NT Mağazaları bookstores across the country, Today’s Zaman has learned.
Persecution In Turkey Left Kids With A Down Syndrome Suffering Tremendously
The unrelenting witch-hunt persecution against critics and opponents in Turkey by county’s Islamist rulers knows no boundaries when it comes to traumatizing kids and babies whose parents were dragged to jail on false charges.
Questions on a Coup – Did Erdogan engineer it himself?
Now that Erdogan has cleared away all of his rivals from within, he has aggressively demanded that the U.S. extradite his only remaining serious rival – Fethullah Gulen. It would be unconscionable and immoral for the U.S. to comply with the wishes of a power hungry and merciless dictator. When the smoke has finally cleared we may discover that Erdogan himself has engineered the coup as an excuse for a final crackdown on the opposition and to solidify his autocratic rule.
Filling the gap left by Gulen
Erdogan and Gulen shared the goal of creating a “devout generation”. Yet despite their similar outlook on life and objectives, the Gulen movement never merged completely with the AKP. However, Gulen was never willing to subordinate himself to Erdogan, which is why the two men fell out in 2013 and the informal coalition with the Gulen movement collapsed.
Erdoğan says personally pursuing fight against ‘parallel structure’
President Recep Tayyip Erdoğan acknowledged during a speech on Tuesday that he has personally been pursuing a “fight” against the so-called “parallel structure,” adding that his administration is ready to cooperate with district governors to “clear” its members from state bureaucracy.
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