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.
Mother of 5 children abandoned in parking lot released on high bail
A Turkish court on Monday released a housewife, a mother of five whose children were abandoned in a parking lot after her detention, on TL 50,000 bail. This is a high figure in a country where the minimum wage is approximately TL 1,300. The woman will be put behind bars again if she fails to pay the bail within seven days.
An American’s journey into a Hizmet school in Turkey
One thing I haven’t mentioned is the fact that the school engages with the families of all its students, and that fact was evident in the way the students engaged with their teachers and each other. I have never seen a bunch of adolescent girls with such nice manners, warm self-confidence and eagerness to learn and succeed.
Leaked document sheds light on Turkey’s controlled ‘coup’
Two and half years later, evidence is trickling out to support what the EU initially suspected – that president Recep Tayyip Erdogan knew what was going to happen and let it go ahead as a pretext to create one-man rule.
A battle for power in Turkey faces resistance in Senegal
The closure of Yavuz Selim schools isn’t just a blow for its students, but also for the state of education in Senegal, a country where about one-third of children remain out of school. The schools had a reputation for excellence, ranking for years among Senegal’s best. Students got top scores in national exams, and went on to study at international universities.
AK Party’s ’parallel’ election campaign
In Turkey, the term “pool media” refers to the pro-government media outlets which were created through funds raised by various businessmen to protect the ruling Justice and Development Party’s (AK Party) interests.
Erdogan – Turkey’s desperate president
There is a curious reluctance on the part of the Turkish government to carry out an in-depth investigation of the coup, but the blame has been put unequivocally on an erstwhile ally, Fethullah Gülen, a reclusive Turkish imam resident in Pennsylvania, and the cadres of his movement, which enabled Erdogan and the AKP to come to and hold power.
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