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.
Gülen to file lawsuit against PM Erdoğan over defamation campaign
Turkish Islamic scholar Fethullah Gülen plans to file a lawsuit against Turkish Prime Minister Recep Tayyip Erdoğan for an endless smear campaign and slander, accusing Erdoğan of pursuing a concerted effort to foment animosity and hatred in society through the use of hate speech in rallies, meetings and TV interviews, Gülen’s lawyer said late on Friday.
Fethullah Gulen: Violence can not be a remedy for violence
BAHADIR BERK Interpreting the violent events in France for Aksiyon, Fethullah Gulen said: “Intelligence organizations should work in Turkey more sensitively. Violence should be suppressed even before it gets out of its slot. If you exhaust your power with delusions such as ‘It is possible that these will pose a threat in the future. Let […]
Pro-gov’t media knows no limits in ’parallel’ claims
Ever since President Recep Tayyip Erdoğan launched a battle against the faith-based Hizmet movement after a corruption probe went public on Dec. 17, 2013, almost no day has passed without pro-government media outlets’ bringing forward allegations about the “parallel structure or state” and associating any negative development in the country with this so-called structure.
Which is the bigger threat, Turkey’s coup or Erdogan’s response?
Erdogan’s counter-coup may do more to change Turkish politics than the coup plotters ever sought, completing the country’s transformation from secular democracy to what’s fast becoming the new favorite government for aspiring dictators — one where the media is strictly controlled, conformity is entrenched through the schools, elections bring little change, and presidents can rule for life.
Statement on Journalists Arrests
The raids on Turkey’s top selling newspaper Zaman and prominent TV organization STV are profoundly disturbing to all of us who value democracy, tolerance and the role of a free press in safeguarding both. Journalists who report about the suppression of human rights are not enemies of the state; rather they are documenting the actions of those who undermine the safeguards of a democratic Turkey.
Ministry of Education denies authorizing raid on Gülen-inspired schools
The Ministry of Education denied on Tuesday having authorized a raid on private schools inspired by the faith-based Gülen movement that was conducted nearly two months ago in an official written statement sent in response to an objection submitted to the ministry by a lawyer representing the school group.
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