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.
France sentences attacker targeting Gulenists as Turkey releases gunman in similar case
A 28-year-old man of Turkish origin has been handed down a prison sentence of eight months and a fine of 23,000 euros by a French court after he attacked several institutions affiliated with the faith-based Gülen movement in the country.
TUSKON brings together businesswomen from Turkey, Russia
The Confederation of Turkish Businessmen and Industrialists (TUSKON) organized a meeting in Moscow on Thursday that brought together businesswomen from Russia and Turkey as part of its attempts to establish closer economic ties between the two countries. The businesswomen held talks to seek out business opportunities during the program.
Under arrest for months, 62-year-old teacher dies of cancer in prison
Arrested for raising donations on behalf of a Gülen movement-linked charity, 62-year-old religion and ethics teacher Hüseyin Pembe passed away after his battle with cancer in prison on June 1.
Erdogan purge far worse than the McCarthy era
What is happening in Turkey right now makes the McCarthy era in the US look like a picnic. When communists were targeted under McCarthyism they were blacklisted; hundreds were jailed, and many were compelled to leave the country. In Turkey it is not communists, but Gulenists. Anyone remotely associated with the Gulen movement is being rounded up and jailed – not by the hundreds, but by the tens of thousands.
When The Last Barricade Falls: Remembering Unlawful Takeover Of Turkey’s Largest Daily – Zaman
On March 4, 2016, exactly one year ago today , hundreds of riot police officers fired rubber bullets and gassed loyal readers of Turkey’s best-selling daily when they stood vigil on the sidewalk across the newspaper’s offices to peacefully protest the news of impending the unlawful takeover of Zaman newspaper.
Today’s Zaman’s Mahir Zeynalov leaves Turkey under deportation threat
Zeynalov has been put on a list of foreign individuals who are barred from entering Turkey under Law No. 5683, because of “posting tweets against high-level state officials,” Today’s Zaman learned
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