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.
Members of the Gulen religious movement insist they are innocent of plotting against President Recep Tayyip Erdogan of Turkey, but he has chased them into the shadows, and they fear for their lives and livelihoods. At the same time, Mr. Erdogan has increasingly made himself the face of Turkey’s state, and now he is seeking more authority to rule.
A Different Kind of Coup? Why You Should Care About A “Reclusive” Turkish Imam in Pennsylvania
We should consider not only what people say about Fethullah Gülen, but what he says himself. Decades of speeches and publications make this possible and reveal certain attributes. For example, Gülen advocates a form of Sufi humanism. He seeks collaborative relationships across religious, cultural, and national borders. He is concerned about the poor and marginalized around the world.
AKP turns medical university into its headquarters
Şifa University, which was seized by the Justice and Development Party (AKP) government due to links to the Gülen movement, has been transformed into the AKP’s İzmir provincial headquarters.
Nearly 500 police officials reassigned in Ankara, İzmir
Erdoğan has reacted furiously to the corruption investigation, decrying an attempted “judicial coup” his supporters see as orchestrated by the Hizmet movement. He has reassigned thousands of police officers, more than a hundred judges and prosecutors, and purged official bodies of executives he suspects of being close to Turkish Islamic scholar Fethullah Gülen.
Thousands in anti-corruption protests; Erdoğan defiant
Thousands took to the streets of İstanbul on Sunday to protest against the government over a corruption scandal that has led to multiple arrests, including sons of two ministers and general manager of the state-run Halkbank.
Twenty-four people, including the sons of two ministers and the head of state-owned Halkbank, have been formally charged in connection with the corruption inquiry that Erdoğan has called a “dirty operation” to undermine his rule.
Imran Khan denounces expected closure of Pak-Turk schools
Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan condemned the expected move to close Pak-Turk schools across the country.
“We stand firmly by Turkish democracy but closure of Pak-Turk schools in Pakistan, which has a high illiteracy rate, could be disastrous for the country,” he said.
Latest News
Turkish inmate jailed over alleged Gülen links dies of heart attack in prison
Message of Condemnation and Condolences for Mass Shooting at Bondi Beach, Sydney
Media executive Hidayet Karaca marks 11th year in prison over alleged links to Gülen movement
ECtHR faults Turkey for convictions of 2,420 applicants over Gülen links in follow-up to 2023 judgment
New Book Exposes Erdoğan’s “Civil Death Project” Targeting the Hizmet Movement
European Human Rights Treaty Faces Legal And Political Tests
ECtHR rejects Turkey’s appeal, clearing path for retrials in Gülen-linked cases
Erdoğan’s Civil Death Project’ : The ‘politicide’ spanning more than a decade
Fethullah Gülen’s Vision and the Purpose of Hizmet
In Case You Missed It
Turkish opposition leader: No witch hunt in democracies
European rights body says Turkey violated own constitution in post-coup crackdown
Filipino – Turkish Tolerance School students excel in ICAS 2014 exam, Ten others top in campus journalism
Renewed attempt to target firm close to Hizmet exposed
Minister Çelik supports Gülen’s call for Alevi-Sunni brotherhood
40-day-old baby, mother under police custody for 4 days: opposition deputy
Somalia’s brightest compete for education in Turkey
