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.
Turkey needs to face the fact that experience gained over the course of almost a century has shown that the marriage of state and religion is detrimental to both. If Turkey is to ever consolidate a liberal and pluralist kind of democracy, state and religion need to be separated, and freedom for believers and nonbelievers alike has to be secured.
Education Ministry sought to profile students, teachers through surveys
A new document obtained by Today’s Zaman suggests that the Education Ministry sought in 2012 to profile students and teachers at some prep schools based on their religious and ideological backgrounds through questionnaires handed out to students at state schools. According to the document, the ministry ordered inspectors to visit state schools across the country […]
TUSKON to sue dailies over disputed land reports
Leading Turkish business group, the Turkish Confederation of Businessmen and Industrialists (TUSKON) said on Thursday it will soon file lawsuits against certain government dailies which published allegations of irregularities regarding disputed land in İstanbul.
Turkey: Time the world intervened
In composing his famous tripartite epic poem, The Divine Comedy, Dante Alighieri included in the first part called Inferno, what has since become one of the most meaningful quotes of all time, emphasising that “the hottest places in hell are reserved for those who in times of moral crisis preserve their neutrality.” The quote was made more popular by late American President J.F. Kennedy, who aptly used it very often in 50s and 60s.
Father says wife, 11-month-old son under arrest despite medical problems
Cengiz Zaza Akbaba, the husband of Gulistan Diken Akbaba said in a recent video that his wife and 11-month-old son have been under arrest despite the babies medical problems. “This child is only one of 560 children. Now, 560 children are not allowed to touch the soil, not allowed to see the sun,” Akbaba added.
The Gülen community and the AKP
TAHA AKYOL The Journalists and Writers Foundation (GYV), which is in line with Fethullah Gülen, has issued an announcement on relations with the ruling party. It is certain that Gülen made the last retouches on the text himself. Gülen defines the movement shortly as “Hizmet” (translated roughly as “service” in English). I asked those who […]
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