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.
Educational unions lash out against gov’t-backed school raids
As the witch hunt against government opponents continues to grow, a number of education union representatives have criticized the recent government-backed police raids on private schools and educational institutions that are sympathetic to the faith-based Gülen movement, popularly known as the Hizmet movement.
Slain prosecutor’s daughter: My father was not with Gülen movement
The daughter of former Bursa public prosecutor Seyfettin Yiğit, who allegedly committed suicide in a prison bathroom on Friday morning after he was put behind bars over Gülen movement ties, said on Saturday that her father was not affiliated with the Gülen movement but was with the Süleymancı movement, an Islamic movement in Turkey founded by Turkish Islamic scholar Süleyman Hilmi Tunahan in the early 20th century.
PKK terrorism, piety and the Gülen movement
Adem Palabıyık*, March 29, 2012 A Chinese proverb notes that if you kill somebody, you intimidate thousands of others. To this end, the assaults against the Zaman offices in Europe by Kurdistan Workers’ Party (PKK) supporters in recent times appear to be relevant to this proverb. Intimidation… But why the Gülen movement? The reason for […]
It’s not about a conflict between the government and Hizmet movement
Insanity ripples through the country, the media and the people. If graft or corruption is the prevailing form of life spreading from the state to society, and if this form of life is supported by people, then we are hitting the bottom day by day. A prosecutor can say “We can detain 500 thousand people if necessary” and still hold his post as if he said quite an ordinary thing. Whereas in Europe mental health of such a prosecutor would be called into question and most probably examined.
Coup and Countercoup in Turkey
The coup was doomed to fail from the beginning. To say it was amateurish would be insulting to all amateurs. Assuming there were some sympathizers of Gülen within the armed forces, the sheer size of the post-coup dismissals make absolutely no sense.
Today’s Zaman: six years of intense coverage
Yavuz Baydar Everybody should be thankful that Turkey proceeds the way it does. It has never disappointed us by keeping dull moments away from us and offering instead a constant stream of surprises. Often, a single day has meant a full year — 24 hours equaled to 365 days, in terms of events and developments. […]
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