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.
Turkey: Alarming Deterioration of Rights – Coup Attempt No Justification for Crackdown on Peaceful Critics
The government misused terrorism laws against followers of the US-based cleric Fethullah Gülen, whom the government accuses of masterminding the July coup attempt, The mass arrests and removal of safeguards against detainee abuse led to rising reports of torture and other ill-treatment in custody.
Turkey overshadows war-hit Syria in number of academics seeking asylum elsewhere
The New York-based Scholar Rescue Fund, a part of the Institute of International Education (IIE) has received an unprecedented number of requests for help, its director Sarah Willcox told an audience at the European Association for International Education’s annual conference, held in Liverpool from 13 to 16 September, Times Higher Education (THE) reported.
Thousands Are In Turkish Prisons For Downloading This App
The government announced that at least 250,000 people downloaded ByLock on their cell phones. Even tracking this number is a violation of the law, but… oh well, who cares, right? More than 40,000 of these people worked in public institutions and suspected of being sympathizers of the Gulen movement.
An open letter to Prime Minister Tayyip Erdoğan
When it is necessary, making objections demonstrates honesty; approving everything is an indication of hypocrisy. So if all these people are saying that this is wrong, listening to them is not a weakness but a virtue. This is what the nation expects from you. Otherwise, it will take forever to heal the wounds that have been inflicted in their hearts. So is it worth it?
Fresh political raids targets leading Turkish NGO Kimse Yok Mu
Police teams from the Anti-Smuggling and Organized Crime division stormed the office of UN member NGO Kimse Yok Mu’s branch in Turkey’s northwestern province of Kocaeli on Wednesday in the latest political raid to sweep the country.
Response to aspersion on Hizmet
HÜSEYİN GÜLERCE The Journalists and Writers Foundation (GYV) made an important statement on Thursday. Its press release, issued in connection with the recent tension that threatens to disrupt social consensus, seeks to defuse tension with regards to the rift between the government and the Hizmet movement. “[T]he ways in which legitimate demands are voiced should […]
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