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.
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Seyfullah Gülen, who died at the age of 72 on Friday and was the brother of Turkish Islamic scholar Fethullah Gülen, was laid to rest in a funeral attended by thousands of people in the eastern province of Erzurum on Sunday.
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Turkey’s opposition parties across the political spectrum criticized reports that a criminal investigation was launched against Islamic scholar Fethullah Gülen, saying that the allegations are a political tactic by embattled Turkish Prime Minister Recep Tayyip Erdoğan to distract public interest away from a big graft scandal that has implicated himself, his family members and his senior government officials.
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In response to statements made by the Turkish ambassador to Cambodia on Monday, officials from the Zaman International School (ZIS) yesterday denied any links with terrorist organizations, saying the ambassador’s claims were unfounded and lacked evidence.
Case of Calgary imam accused of plotting failed coup in Turkey will remain in limbo
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