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.
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 […]
Sakarya court orders stay of execution on closure of Fatih Koleji
The Sakarya Administrative Court on Friday issued a stay of execution on the closure decision for Fatih Koleji, a Hizmet-affiliated school that has been running in the Beyköy district of Düzce province, saying that the school is allowed to continue to operate in the 2014-2015 education period.
Pak-Turk schools hold graduates moot
The school administration believes that the action is taken to appease Turkish president Recep Tayyip Erdogan, who believes that the school promotes and teaches his arch-rival and cleric Fetullah Gulen’s teachings. “We have gone through the school curriculum during our time and have not found them imparting any extremism ideology or anything that goes against the interests of Pakistan,” said one of the graduates.
Fethullah Gulen’s Message on the Anniversary of the Coup Attempt in Turkey
Saturday is a sad moment in Turkish history as it marks one year since the deplorable coup attempt that resulted in the death of hundreds and injuries of thousands. On this occasion I reiterate my condemnation of the despicable putsch and its perpetrators, and extend my sincere condolences to the families and loved ones affected by this horrible tragedy.
Black Sunday: The day Turkey detained its prominent journalists
The government-orchestrated crackdown on independent critical media outlets in Turkey took a turn for the worse on Sunday with dawn raids on Turkey’s largest newspaper Zaman and popular national TV network Samanyolu TV that led to the detention of top managers at the media outlets.
Graham Watson, the president of the European Liberal Democrat and Reform Party and the former chairman of the Alliance of Liberals and Democrats for Europe in the EP also criticized Erdoğan for using hate speech against Hizmet.
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