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.
Former Interior Minister Idris Naim Şahin stated that “the government is run by a small oligarchic elite in a way that excludes broad segments of the party constituency and the Turkish people” is very explanatory vis-à-vis Mr. Erdoğan’s shockingly undemocratic and increasingly authoritarian performance over the last two years, since he received 50 per cent of the vote in the 2011 general elections.
Prof. Scott Alexander: Hizmet is a social movement for peace
“What I have personally observed is that Hizmet is a movement that embraces contrasts and in which everyone can find a place for themselves. It’s a globally transformational movement. It is, on the other hand, able to combine tradition and modernity and bring them around the common values. Although I might not be necessarily exercising your values, I consider myself a part of this movement. The principles that lead the movement are what lead my life as well.” Alexander remarked.
GYV awards peace projects in İstanbul ceremony
As part of the “International Peace Projects” awards, a total of 1,179 peace projects from 107 countries that aim to find resolutions to conflicts and establish peace following conflicts were evaluated. Each of the top 10 among those projects received a donation of $50,000 from the GYV to help the project developers implement their projects.
Turkey Deports Journalist for Criticizing Government on Twitter
The editor in chief of Today’s Zaman, Bulent Kenes, said that Mr. Zeynalov’s deportation was an attempt to intimidate the foreign news media after Mr. Erdogan’s government had moved to suppress critical reporting in the local media. “I consider his deportation as a lesson the government tries to teach at micro level,” Mr. Kenes said. “It is intimidation of everyone doing international journalism.”
Journalists and Writers Foundation (GYV) gathers all colors of Turkey at iftar
ESRA MADEN, İSTANBUL Many distinguished figures including Turkey’s spiritual leaders, politicians, artists, businessmen and journalists came together at the same iftar (fast-breaking dinner) table on Tuesday night in an event held by the Journalists and Writers Foundation (GYV). GYV Honorary President Fethullah Gülen greeted the guests with a message he issued for the night. “Ramadan […]
US prosecutor denies any links to Gülen, says never set foot in Turkey
Responding to allegations from Turkey’s President Recep Tayyip Erdoğan, who accused US Attorney for the Southern District of New York Preet Bharara of being a sympathizer of the faith-based Gülen movement, Bharara said he has just learned Turkish Islamic scholar Fethullah Gülen’s name from Google and has never been to Turkey.
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