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.
Closing down Turkish schools impossible as demand on rise, says TUSKON head
Though the ruling Justice and Development (AK Party) government is planning to shut down Turkish schools abroad that are affiliated with the Gülen movement, the head of the Turkish Confederation of Businessmen and Industrialists (TUSKON) has said that the demand overseas for such Turkish schools is making them impossible to close.
‘I feel like I have been buried alive’: families live in fear and isolation as Erdoğan leads a witch-hunt
The crackdown on possible coup plotters has since been turned into an all-out witch-hunt not only against alleged Gülen sympathisers but also leftists, Kurds and anyone critical of the government.
Gülen’s lawyer dismisses wiretapping claims
In his statement, Gülen’s lawyer Albayrak said the allegations which appeared in some newspapers is totally baseless and targets Gülen in an unfair way and demands punishment for the individuals who were involved such accusations
Turkey’s New Anti-Americanism (NY Times Editorial)
The Turks need to be reminded that Mr. Gulen has a legal right to be in the United States, and that the Justice Department would have to go through a rigorous process before deciding whether he could be handed over, especially to a country where due process is increasingly unlikely and torture is reportedly used against detainees.
GYV rejects claims that Hizmet movement dominates Turkey’s judiciary
The Journalists and Writers Foundation (GYV) has strongly criticized and denied news reports suggesting that the Hizmet movement, which is inspired by well-respected Turkish Islamic scholar Fethullah Gülen, dominates the judiciary and bureaucratic positions within the Turkish state, calling the claims groundless. The claims appeared at a time when prosecutors summed up their case in […]
Erdogan purge far worse than the McCarthy era
What is happening in Turkey right now makes the McCarthy era in the US look like a picnic. When communists were targeted under McCarthyism they were blacklisted; hundreds were jailed, and many were compelled to leave the country. In Turkey it is not communists, but Gulenists. Anyone remotely associated with the Gulen movement is being rounded up and jailed – not by the hundreds, but by the tens of thousands.
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