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.
The agenda of the Turkish authorities [against Hizmet] goes far beyond the attempted coup, it is about the need to neutralise a movement that became a political threat when its followers within the judiciary and police started exposing corruption within the government’s ruling inner circle in December 2013.
Turkish Olympiad most effective promotion for Turkey, says FM
Turkish Foreign Minister Ahmet Davutoğlu has praised the 11th International Turkish Olympiad, a festival that celebrates the Turkish language, as the “most effective” instrument for promoting Turkey, while receiving students visiting Turkey as part of the Olympiad. Davutoğlu said he has been a fan of the Turkish Olympiads for a long time, noting that […]
All colors of Diyarbakir came together over Iftar
Minister of Food, Agriculture and Livestock Mr. Eker praised that people from all walks life in Diyarbakir are represented at the Iftar. He said Turkey’s regime had problems with his own people. The state had divided its people into races, colors and ethnicities, which created problems. “We have made important progress for the solution in the last seven months, we wish that the settlement process will end with peace,” he added.
Yet another conspiracy against the Gülen movement?
My source informed me that some clandestine figures from the deep state have been working on a project to portray the Gülen movement as having connections with international drug traffickers and international smugglers.
Doctors In Turkey discouraged from writing up reports on abuse, torture
There appears to be a systematic and deliberate campaign by the government of Turkey to dissuade doctors from writing up reports that prove abuse and torture cases detainees and prisoners went through or that verify serious health risks for jailed suspects.
Post-Kemalist but still illiberal Turkey
Many, including myself, expected that the defeat of Kemalism by a broad coalition of liberals, democrats and conservatives under the political leadership of the Justice and Development Party (AK Party) would lead to a democratic regime in Turkey with a liberal constitution. Yes, Kemalism is dead but its state-centric, Jacobin and illiberal sprit has been reincarnated in the ruling AK Party. The similarities in the attitude and the policies of the AK Party and its Kemalist predecessors are striking.
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