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.
‘Pak Turk Businessmen Association actively working to enhance trade with Turkey’
“Pak Turk Businessmen Association (PTBA) is actively working to enhance bilateral trade between Pakistan and Turkey from present meager US nine million dollars to US three billion dollars in next few years.” PTBA Secretary General Aslam Bhatti stated this while talking to Business Recorder.
Twelve questions Turkey’s journalists can’t ask
Erdoğan was born to a relatively poor family in Rize, along the Black Sea. His father was in the coast guard and worked at sea. Erdoğan at one point even sold snacks on the street to make extra cash. He graduated from a religious school in 1973, and immediately embarked on a political career, eventually becoming first mayor of Istanbul. So here’s the question: How did a man like Erdoğan become a billionaire several times over?
Bediüzzaman on the Armenian issue
Question: Armenians are dhimmis. How can dhimmis be equal to Muslims? Answer: Let us not see ourselves in a magnifying mirror. We are to be blamed on this issue. We could not protect them as well as we should have; we failed to demonstrate the justice of Sharia. Because of the wrong practices of autocratic regime, we failed to protect their rights within the Sharia framework…
Gülen, a man of peace, not behind attempted coup in Turkey
Despite Gülen’s repeated denials of any involvement and his open call for an investigation by an international commission, no concrete effort has been made to find out the true perpetrators of the heinous attempt. Instead, a state of emergency, which still continues today, was declared and is used to silence the opposition and all other critical voices.
86-year-old Gülen-linked philanthropist arrested on terror (!) charges
Eighty-six-year-old businessman Celal Afşar was arrested on Thursday along with his daughter, son-in-law and two others in Niğde province as part of an investigation into the faith-based Gülen movement, the tr724 news website reported.
Fethullah Gülen’s photo
A religious cleric, currently a popular figure who frequently appears on TV, once told me a sad anecdote.
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