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.
Police raid house of 96-year-old philanthropist in İzmir
Police raided the house of 96-year-old Mustafa Şık, a prominent philanthropist, in İzmir on Friday as part of a government-initiated “witch hunt” operation targeting the faith-based Gülen movement.
Military coup documents contain plans to prevent works of Hizmet movement
MUSTAFA GÜRLEK, İSTANBUL Documents retrieved from the General Staff hard disks also feature plans to prevent the works of the Hizmet movement (a.k.a Gulen movement), inspired by the renowned Turkish Islamic scholar Fethullah Gülen. In the documents, the General Staff’s Information Support Unit discussed how to bring the financial sources of the Hizmet movement under […]
Does Pakistani law allow you to deport Turkish teachers, Nawaz Sharif?
The recent controversy that has emerged regarding the PakTurk school system is troubling to say the least. PakTurk schools started popping up all over Pakistan during last decade. Turkey has always carried a strong brand value in Pakistan and it is therefore not surprising that the school system ostensibly embodying the best of Pakistan and Turkey was an instantaneous hit with parents.
Palauan President: We would like to participate in Turkish Language Olympics
The President Remengesau expressed his pleasure to receive the delegation and delivered a presentation on the Republic of Palau and its people. He further accentuated the significant role that intercultural activities will play in boosting Turkish-Palauan bilateral relations. He also expressed his willingness to have Palauan student participate in the coming Turkish Language Olympics.
Upholding of Yıldırım’s conviction; another case of ‘significant timing’
Nowadays, Erdoğan is leading a defamation campaign to black out the truth and to distort the facts through the discourses of ‘parallel state,’ ‘there is no corruption; but a coup’ and ‘international conspiracy’.” Çandar then quoted Yıldırım responding to a question asking if he thinks that the Hizmet movement is behind the case against Fenerbahçe, in an interview he recently gave to the Wall Street Journal (WSJ), saying: “This is not what I think. This is what the prime minister of the Turkish Republic thinks.”
Gülen’s lawyer appeals arrest warrant
Nurullah Albayrak, the lawyer of Islamic scholar Fethullah Gülen, has appealed the decision of the İstanbul 1st Penal Court of Peace to issue an arrest warrant for Gülen, citing illegality.
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