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.
Deputy Prime Minister Bülent Arınç on Monday said the image of a fight between his Justice and Development Party (AK Party) government and Hizmet movement is very ugly, adding that the government has never wanted to reach such a point. Speaking on a program on Habertürk TV, he said: “If there are problems, we can […]
Turkish family kept at Kiev airport for days at Turkey’s request
A Turkish family that was reportedly detained by Ukrainian authorities on Thursday, have been kept in a room at Kiev Boryspil Airport for three days, waiting to be deported to Turkey, according to a video recording the family members posted on social media.
Former Turkish President Gül denies having any relationship with the Gülen movement or Fethullah Gülen but history tells…
In his answers, Gül denied having relations with neither the Gülen movement nor Fethullah Gülen. But, history tells the opposite: Gül attended many activities of the Gülen movement; he even hosted, in his official residence, students of Turkish schools from many countries during a Turkish Language and Culture Olympiad.
Lawyers for Gulen Call Flynn’s Comments ‘Troubling’
Gulen has never been charged with a crime in the U.S., and he has consistently denounced terrorism as well as the failed coup in Turkey. One of Gulen’s lawyers, Jason Weinstein, called Flynn’s comments about Gulen “troubling” but said the extradition process is a legal matter in the hands of the Department of Justice.
Monday Talk with Michael Rubin on Trump, Iran and Turkey
There is a rule-of-law in the United States and a process which the president simply does not have the power to short-circuit. If Gulen is turned over, however, I suspect relations will get worse because the extradition will convince Erdogan that blackmail and bluster work.
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United States (US) Rep. Dana Rohrabacher, released a statement on Monday, saying that the US should turn down the Turkish president’s demand of the extradition of Turkish Islamic scholar Fethullah Gülen as he could not be part of a coup attempt, calling his movement “strongest element in his society opposing radical Islamist terrorism.”
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