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.
Nigeria Gives 7-Day Ultimatum to Turkish Government to Release Over 50 Nigerian Students Held in Detention
The House of Representatives on Tuesday issued a seven-day ultimatum to Turkish Government to release over 50 Nigerian students being held in detention. The House called on the federal government to urgently deploy all diplomatic options to ensure their immediate release.
What should we expect from 2015?
As you may know, the Justice and Development Party (AKP) and President Recep Tayyip Erdoğan have been able to postpone the Kurdish settlement process they started in 2009 until after the 2015 elections.
4 Turks deported from Saudi Arabia sent to jail over donations to Gülen movement
An Ankara court sent to jail 4 out of 16 Turkish nationals who were deported back to home from Saudi Arabia as part of Turkey’s ever-growing crackdown against the Gülen movement that that has spread to overseas in the recent past.
Kimse Yok Mu continues to help needy despite gov’t restrictions
Turkish charity Kimse Yok Mu (Is Anybody There?) is still extending a helping hand to those in need, especially during the holy month of Ramadan, despite restrictions imposed by the government on the organization’s ability to campaign for donations.
Islamic scholar Gülen calls for calm among supporters
Islamic scholar Fethullah Gülen has called on his supporters to remain calm and be patient in the wake of rumors that Istanbul police were planning to start an operation to round up hundreds of people close to his movement. Gülen called for patience and calm among the relatives of those who are being probed or expecting probes against them, advising them to pray and read the Quran.
Gülen: The coup attempt was an outrageous scenario constructed by Erdoğan
“Last year’s failed coup attempt in Turkey [was] nothing but a false flag orchestrated by Turkey’s autocratic President Erdoğan and his henchmen to create a pretext for [the] mass persecution of critics and opponents in a state of perpetual emergency,” SCF concluded.
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