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.
German police have raided apartments of four men suspected of carrying out espionage on behalf of the Turkish government. The men, said to be clerics, are accused of spying on supporters of cleric Fethullah Gulen.
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Berat Albayrak, Turkish energy minister and son-in-law of President Tayyip Erdoğan, has said at a conference that people affiliated with the Gülen movement are more dangerous than Islamic State in Iraq and the Levant (ISIL) militants because they’re well educated and have “higher IQs” than his own.
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Turkish Foreign Minister Ahmet Davutoğlu has praised the 11th International Turkish Olympiad, a festival that celebrates the Turkish language, as the “most effective” instrument for promoting Turkey, while receiving students visiting Turkey as part of the Olympiad. Davutoğlu said he has been a fan of the Turkish Olympiads for a long time, noting that […]
Will Gülen movement become a political party?
Esteemed Fethullah Gülen frequently underlines: “Forget getting a share of political power. We cannot accept control of the world even if it is presented to us on a gold tray because this would create disappointment among those actively supporting our cause. And people would think ‘They’ve also been deceived by the love of position and sense of interest. All these [voluntary] efforts were for the sake of getting a share in the political power’.”
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Turkey’s purge of academics has already harmed the reputation of its higher education sector, the latest Free to Think report from the New York-based Scholars at Risk (SAR) noted adding that it risks greater damage by isolating Turkish scholars, students, and institutions from the international flow of ideas and talent.
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