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.
An Indian professor’s reflections on Erdogan’s visit to India, crackdown on Gulen movement
There has been no evidence of any terrorist activity by the followers of Gulen in any part of the world including Turkey. In India, they have been running their institutions: schools, coaching Institutes, and dormitories for more than 15 years, but none has been accused of any kind of terrorism and crime.
Reactions pour in over Turks’ controversial arrest in Malaysia as UN joins calls against extradition
The UN Human Rights Office for South-East Asia has expressed serious concern about the recent arrests of three Turkish nationals in Malaysia, joining calls on the government to refrain from extradition.
Extraditing Gulen and other dark conspiracies
Despite his pressures, Turkish prosecutors have not agreed to write an indictment against Gulen. On the other hand, Gulen has already been tried in absentia between 1999-2008 for all the accusations now recycled and repeated by Erdogan. The Kemalist military establishment was very powerful at the time and they were almost in full control of the state but they still could not produce concrete evidence against Gulen.
Ministry of Education denies authorizing raid on Gülen-inspired schools
The Ministry of Education denied on Tuesday having authorized a raid on private schools inspired by the faith-based Gülen movement that was conducted nearly two months ago in an official written statement sent in response to an objection submitted to the ministry by a lawyer representing the school group.
Turkish court rejects appeal to arrest Dumanlı
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