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.
The fact that the government practically stalled the investigation with a major reshuffle of the judiciary, police, watchdog agencies that track money, and finance and banking activities, while pushing emergency laws through Parliament to prevent further investigations and leaks, casts a shadow on how far the Erdoğan government had gone in these dirty deals.
Kimse Yok Mu meets Syrian refugees’ needs through sister families
CİHAN ACAR, ŞANLIURFA Some of the urgent needs of Syrian refugees who have being sheltering in the southeastern region of Turkey since they fled from the intensifying violence in Syria are being met by the “sister family” project organized by the Kimse Yok Mu (Is Anybody There) charity foundation. Syrian refugees in Turkey, whose numbers […]
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