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.
Terrorist investigation against Kimse Yok Mu draws strong reactions
A shocking investigation being conducted by the Ankara Chief Public Prosecutor’s Office against prominent charity organization Kimse Yok Mu on charges of terrorism has been met with strong reactions from experts, who question how a charity can be accused of terrorism for delivering aid to those in need.
Turkey’s crisis deepens
Therefore, it is not surprising the attempted coup in Turkey aroused such concern and reaction. But to use it as an exercise in settling political scores with related or unrelated enemies will only further inflame the situation. There are reports that the Erdogan government had already prepared lists for purges and suspensions, and the failed coup has brought forward the whole exercise.
Russian analyst: Turkey’s claim Gülen was behind envoy’s killing insult to ‘our intelligence’
Turkish President Recep Tayyip Erdoğan’s claim that US-based Turkish Islamic scholar Fethullah Gülen was behind the assassination of Russia’s ambassador to Turkey on Monday is an insult to Russian intelligence, a prominent Russian analyst said.
Taraf, Baransu file criminal complaint against PM Erdoğan
The Taraf daily and journalist Mehmet Baransu have filed a criminal complaint against Prime Minister Recep Tayyip Erdoğan over charges of involvement in an “attempt to influence a fair trial,” slander and insult. The daily and Baransu also filed a TL 50,000 compensation case against PM Erdoğan for non-pecuniary damages.
Rule of law casualty of AKP-Gulen conflict
The AKP government thinks that by labeling corruption investigations and operations as a “coup” and calling those behind them as “parallel state” that it has found a justifiable way to interfere with the judiciary. Otherwise the government would not have submitted a draft bill to the parliament that totally eliminates the functional independence of the judiciary bureaucracy and promotes the minister of justice, who represents the executive branch, to the status of single decision-maker.
Turkish Martyrs Day: Rumi Forum marks heroics of Turk soldiers
Pakistan and Turkey are two time-tested brotherly countries and the history of Turks is of great pride to Pakistanis. These were the remarks of Senate Standing Committee on Defence Production Chairman Lt Gen (retd) Abdul Qayyum at an event regarding 101st commemoration of Turkish Martyrs Day and Canakkale Victory.
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