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.
GYV says claims Hizmet formed political party one big lie
The Journalists and Writers Foundation (GYV), whose honorary chairman is Turkish Islamic scholar Fethullah Gülen, released a statement on its website on Wednesday strongly rejecting claims that the Hizmet movement formed a political party.
Judge suffering cancer jailed in Kocaeli, wife under detention in Tokat
Mustafa Babayiğit, a Turkish judge who reportedly suffers from thyroid cancer, has been sent to jail by a Kocaeli court, while his wife, Songül Babayiğit who is also a judge, has been held in custody in Tokat.
African firms signal increased trade at TUSKON meeting
A total of 127 companies from 11 different countries in East Africa are participating in the Gaziantep summit, which started on Feb. 9 and will run until Feb. 12. The Turkish and African businesspeople held roughly 5,000 bilateral business meetings. TUSKON has intensified efforts to help more Turkish firms branch out into promising African markets over the past five years.
CSOs slam ongoing black propaganda against Hizmet movement
The Law and Democracy Platform, which includes 60 CSOs in İzmir province, held a press conference to protest the polarizing language used by government officials. The representative of the platform, Ömer Mustafa Aytekin, said there have been very unpleasant developments that risk democracy and the rule of law in Turkey.
Erdoğan confesses anti-Gülen witch-hunt has gone off track
Despite Gülen and the movement having denied the accusation and calling for an international investigation, Erdoğan — calling the coup attempt “a gift from God” — and the government launched a widespread purge aimed at cleansing sympathizers of the movement from within state institutions, dehumanizing its popular figures and putting them in custody.
2014: a difficult year?
Turkey’s political life has entered a zone of turbulence. Some people were already accusing the governing team of being time worn, which is only normal after 11 consecutive years in power.
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