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.
MHP asks gov’t how many state officials reassigned after graft scandal
Since the widespread corruption and bribery investigation became public, thousands of police officers have been reassigned or removed from their posts because of alleged links to the Hizmet movement, inspired by the teachings of Turkish Islamic scholar Fethullah Gülen. In addition to the thousands of police officers, the government has replaced the prosecutors who initiated the investigation as well as dozens of officials at various state institutions, including public prosecutors’ offices.
Bank Asya sells stakes in 2 subsidiaries
In a statement to Borsa İstanbul (BIST), Bank Asya said it is selling a 24.18 percent stake in Turkish construction firm Tuna Gayrimenkul for TL 62.8 million. The bank also said it is selling another construction company, Nil Yönetim Hizmetleri, for TL 69.25 million.
Turkey Faces Its Iran 1979 Moment
Turkey is at a pivotal point in its history following the failed coup attempt of July 15. President Recep Tayyip Erdogan, having survived the coup plot, won fresh legitimacy and gained a new ally: religious fervor in the streets. Mr. Erdogan can use this impetus either to become an executive-style president, or he can encourage the forces of religion to take over the country, crowning himself as an Islamic leader.
PM Erdoğan also slammed me for my questions on Uludere, says journalist
Ahmet Dönmez, a leading correspondent based in Ankara with the Zaman daily who was sharply rebuked by Prime Minister Recep Tayyip Erdoğan after asking him a question about recent allegations of corruption during a press conference on Feb. 12 and who was proclaimed both a national hero and a traitor on social media outlets shortly thereafter, says that he was also reproached by Erdoğan once before and that this is indicative of the state of journalism in Turkey.
German state minister: Persecuted Turks can apply for asylum in Germany
“Germany is an outward-looking country and is open to all those who are politically persecuted as a matter of principle,” Roth said. “They can apply for asylum in Germany. That applies not just to journalists.” Roth also spoke out against Turkish President Recep Tayyip Erdogan’s crackdown against opposition lawmakers and critical journalists and academics.
Lack of tolerance and democracy
It is not a prerequisite for democracy that everyone share the same ideas, culture, beliefs, or lifestyle, living together in unqualified happiness.
A society in which everyone shares the same ideals, interests, ideas, lifestyle, culture, language and beliefs appears to be a more totalitarian than democratic one.
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Abundant accusations [against Hizmet], little evidence
