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.
Prominent figures gather together at GYV iftar dinner in Istanbul
Distinguished spiritual leaders in Turkey, politicians, artists, diplomats, businesspeople and journalists came together for an iftar at İstanbul’s Four Seasons Hotel on Thursday night for an event held by the Journalists and Writers Foundation (GYV).
Lessons from Dec. 17: Who is parallel?
To prove whether the Gülen movement has a parallel structure , one has to establish that the investigations and wiretappings were not conducted within the scope of a legal investigation. If that is proven, one has to demonstrate that the police and prosecutors in charge of the investigations were receiving instructions not from the state but from sources within the movement. Both of these claims have to be proven with evidence.
Antioch came together over Iftar
FAZİLET CANDAN – ANTIOCH Ramadan brings peace, mercy and blessings to the society. One good example if this was an iftar in Antioch, Turkey, where Alevite and Sunni Muslims, Jews, and Christians came together. Antioch has been remembered because of terrorism and some political incidents in the city. However, Alevites and Sunnis, Christians and Jews […]
Koza Altın latest victim of government silencing political dissent
Gold mining company Koza Altın A.Ş., the owner of Bugün daily and Kanal Türk TV station, had its activities halted on Tuesday in Çukuralan goldfield, one of the company’s five major gold mines, in a move that has been perceived as the most recent example of the government’s exploitation of inspections and red tape to put pressure on those with critical views.
Criminal complaint filed against prosecutor accusing Hizmet of being terrorist
A criminal complaint has been filed against Ankara public prosecutor Serdar Coşkun, who prepared an indictment in which by using false testimonies as evidence he accused several people of conducting organized crime under the Hizmet movement which he claimed to be a terrorist organization.
Public Enemy No. 1: A Visit with Fethullah Gülen, Erdogan’s Chief Adversary
In a meeting at his compound in Pennsylvania, Turkish cleric Fethullah Gülen defends himself against claims made by Turkey’s president that he was behind this weekend’s failed coup. He alleges that power has poisoned Erdogan.
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