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.
Government media runs riot in smear campaign against Hizmet
A news article in Daily Sabah, the new, English-language member of the government’s media lineup, claimed on Monday that the police are ratcheting up measures to patch holes in their security network in order to prevent leaks by Gülenists, a derogatory term used to describe the Hizmet movement.
Courts order corrections to gov’t media stories on Hizmet
Several courts have ruled against untruthful stories published or broadcast by media institutions close to the government about the Hizmet movement, which Prime Minister Recep Tayyip Erdoğan has accused of trying to undermine his government, but most newspapers and stations have not published the corrections as they should according to the rulings.
Woman miscarries twins after arrest, struggles for her life in prison
In yet another example of human tragedies proliferated in the aftermath of the July 15 coup attempt, a Sinop woman lost her twins in jail after she was arrested due to the ByLock mobile application that she says has never downloaded.
Turkey’s Erdogan takes cue from Hitler, Stalin and Khomeini
There is something deeply disturbing about the direction in which Recep Tayyip Erdogan and his Justice and Development Party are taking Turkey. Writing in this newspaper last week, John Lyons compared the sweeping purges to McCarthyism in the US in the 1950s. That was altogether the wrong analogy.
Who is Fethullah Gülen?
The leader of the main opposition Republican People’s Party (CHP), Kemal Kılıçdaroğlu, rightly called it “a coup against democracy” when Zaman Editor-in-Chief Ekrem Dumanlı and STV network executive Hidayet Karaca, together with a number of screenwriters and television producers, were detained on Dec. 14 on the incredible charges of founding or belonging to “an armed terrorist organization aiming to seize the sovereignty of the state.”
Turkey’s Maarif schools to be funded by Saudi and IDB money
The Maarif Foundation, established by the Turkish government in order to compete with Turkish schools abroad established by Gülen movement sympathizers, has received approval from Saudi authorities and the Islamic Development Bank (IDB) for financial support for Maarif schools abroad, a Turkish news portal reported on Friday.
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