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.
“Very few people in Turkey could deny that the Justice and Development Party (AKP) government under the leadership of Tayyip Erdoğan has made a tremendous and positive transformation in the country. Now, he is on it again with his insistence on trying to close down tutorial centers that belong to the private sector. Everybody knows that with this he is trying to punish the Hizmet movement, which has resisted pledging absolute loyalty to him.
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Heydar Aliyev, an experienced and far-sighted politician, always supported these schools and we cannot say that the decisions to open the doors of the country to these schools was of no benefit. The schools have for years maintained the trust of the government because they are integrated with Azerbaijani society and its values. To think that the schools opened with blessings of Heydar Aliyev will be shut down by his son İlham Aliyev would be naïve.
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On Wednesday, Reuters reported that Turkey has recalled, dismissed, and imprisoned the cream of the crop of its military, its NATO envoys. 400 NATO military envoys in Europe and the United States, the most trained and experienced, have been purged.
Woman detained over links to Gülen movement after giving birth
A woman was detained less than 24 hours after delivering a baby yesterday for alleged affiliation with the Gülen movement, a faith-based group inspired by Turkish cleric Fethullah Gülen. Betül Uluçam, 34, was detained in the hospital where she had given birth less than a day before.
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