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.
CHP: Anti-Hizmet ops were part of agreement between Erdoğan, military
Main opposition Republican People’s Democratic Party (CHP) İstanbul deputy Barış Yarkadaş has said the release of suspects in the historic Ergenekon trial and the government-initiated operations against the Hizmet movement were part of an agreement between President Recep Tayyip Erdoğan and the Turkish military.
Guest post: Turkey and the problem of political continuity
Erdogan has not only replaced thousands of suspected Gulenists in the police force and the judiciary. He has also sought, with mixed results, to make the Supreme Board of Judges and Prosecutors directly accountable to the government.
Deviation, crisis and opportunities…
The recent crisis going on between the Justice and Development Party (AK Party) government and the Hizmet movement is indeed not just a struggle between the two actors. It means much more than that. This fight represents a struggle between democracy and autocracy, freedom and oppression and a harmonious society and a polarized society.
Gülen won’t change his stand, urges followers’ patience
Turkish Islamic scholar Fethullah Gülen vowed to defend what he believes despite an organized attack by the government of Prime Minister Recep Tayyip Erdoğan that employs hate speech, slander and outright lies in order to discredit him and members of the Hizmet movement.
Victims of forced disappearance in Turkey
On this ‘International day of the victims of enforced disappearances’ (August 30), let’s raise our voices for the missing people of Turkey. In the aftermath of the coup attempt last year, at least thirteen people have been abducted allegedly by elements linked to the Turkish government as part of an intimidation campaign targeting critics and opponents of Turkey’s president.
Abrupt gov’t decision to revoke status of Kimse Yok Mu draws criticism
Turkey’s leading charity, Kimse Yok Mu (Is Anybody There), had its right to collect charitable donations abruptly rescinded on Tuesday, in what seems to be an arbitrary decision made during a Cabinet meeting, prompting harsh reactions from volunteers, lawmakers of the opposition parties and representatives of other civil society groups.
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