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.
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Halime Kaman, a Turkish national who gave birth some 25 days ago at an İstanbul hospital, was reportedly arrested by an İstanbul court on Friday, according to several Turkish media outlets and Twitter accounts.
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Turkey has been vigorously debating the nature of its democracy and popular Prime Minister Recep Tayyip Erdoğan’s ruling style, which has increasingly authoritarian tendencies, as never before since the Gezi Park protests in May. From my perspective, the Gezi protests, on which everyone was almost forced to take sides, is a grey area since both the government and the protesters made their share of mistakes.
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Edward Owen, professor of Middle East history at Harvard, said that he did not believe in Reynold’s certainty of Gülen’s guilt. Owen added that when a person writes “alarmist pieces” like Reynolds’, the main audience for the pieces is Washington. “It is a way of calling attention to yourself, and I imagine that Professor Reynolds would like his name registered by the people in Washington as somebody to go to, to employ, when there is a change in administration in Washington,” Owen said.
Stop doing Erdogan’s dirty work, Freedom centre tells Malaysia
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In the meantime, BDP Co-chairman Selahattin Demirtaş struck a similar tone to the prime minister regarding the prep schools’ closure, saying that prep courses must be shut down. Demirtaş said the closure is a political as well as commercial issue, casting doubts on the government’s desire but expressing his approval at shutting down prep schools.
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