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.
NATO Insiders Suspect Turkey Coup Was Staged by Erdogan himself
In the 8 months since Turkey’s government weathered a potentially destabilizing coup, allegations continue to swirl about who was actually behind the surprising flare up of violence. In an unsubstantiated leak to Aldrimer.no, “Senior NATO sources” currently believe the coup was staged by President Erdogan himself.
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İHSAN DENLİ, ALİ H.ASLAN, WASHINGTON D.C. The third annual Turkic American Convention began on Tuesday in Washington, D.C., in an opening gala cruise with the participation of politicians from the US, Turkey and the Turkic republics. Organized by the Turkic American Association (TAA), which represents six regional federations and over 200 community associations, cultural centers, […]
Lawyer Karahan: Hate crimes against Hizmet can be prosecuted at ECtHR, ICC
The Savings Deposit Insurance Fund (TMSF) has taken over management control of some of the privileged shares of Bank Asya as part of a government-operated crackdown on institutions affiliated with the Gülen movement, also known as Hizmet, and shareholders will be filing a lawsuit against the action, but this week’s guest for Monday Talk has said it is likely that the case will end up at the European Court of Human Rights and even at the International Criminal Court.
The Gülen movement as the victim of an orchestrated smear campaign
When the Justice and Development Party (AKP) took office in 2002 under the leadership of Recep Tayyip Erdoğan, the party’s commitment to democratization was promising. As many political scientists agreed, the first years of AKP rule were a success story, and that was why, with its secular multi-party democracy and its Muslim character, Turkey had emerged as a role model for the Muslim world.
Fethullah Gulen’s Message on New Defamation Efforts by Erdogan Regime
I also condemn President Erdogan’s reckless and immoral efforts to defame this peaceful movement that has dedicated itself to universal humanitarian values. I trust in the wisdom and fairness of world leaders to recognize this defamation campaign for what it is.
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