The Pennsylvania screening of the documentary “The Gulen,” targeting the Hizmet Movement and the Honorable Fethullah Gulen, was met with failure.
February 9, 2015
Three major contradictions in the Bank Asya operation
Uğur Gürses
Banking Regulation and Supervision Agency (BDDK) decided late Feb. 3 that 63 percent of the privileged shares that make up the executive board of Bank Asya should be controlled by the Saving Deposit Insurance Fund (TMSF). This decision has been made according to Article 18 of the Banking Law. The justification for the decision was “because the institution has not presented a partnership structure that is transparent and open enough to allow for effective regulation.”
Banking Regulation and Supervision Agency (BDDK) decided late Feb. 3 that 63 percent of the privileged shares that make up the executive board of Bank Asya should be controlled by the Saving Deposit Insurance Fund (TMSF). This decision has been made according to Article 18 of the Banking Law. The justification for the decision was “because the institution has not presented a partnership structure that is transparent and open enough to allow for effective regulation.”
Removing the barrier on the way to an autocratic state
Sami Karahan*
The whole Bank Asya operation is just the continuation of plans that started in 2006. These are plans that aim to make Justice and Development Party (AKP) rule permanent and have led to the creation of pro-government capital and big business, as well as the silencing of the opposition.
The whole Bank Asya operation is just the continuation of plans that started in 2006. These are plans that aim to make Justice and Development Party (AKP) rule permanent and have led to the creation of pro-government capital and big business, as well as the silencing of the opposition.
‘Bank Asya intervention a veiled threat to gov’t critics’
Last week's midnight police raid on Turkey's largest Islamic bank, followed by a legally flawed intervention in the bank's board, is part of a covert war that the government is waging against its political rivals and critics, observers say.
Confiscation
Ali Bulaç
Last week, the management of Bank Asya, one of the strongest financial institutions in Turkey in terms of capital sufficiency, was confiscated. Of course, the confiscation is related to current political developments, particularly the disagreement between Hizmet and the government. But there are some painful examples of confiscation in our history.
Last week, the management of Bank Asya, one of the strongest financial institutions in Turkey in terms of capital sufficiency, was confiscated. Of course, the confiscation is related to current political developments, particularly the disagreement between Hizmet and the government. But there are some painful examples of confiscation in our history.
‘Efforts to sink a bank tantamount to treason’
As reactions to last week's legally flawed intervention in Bank Asya continue to pour in, outspoken critics of the intervention leveled harsh criticisms against the government on Monday.
Arrested journalist Hidayet Karaca’s letter published in Le Monde
Arrested journalist Hidayet Karaca's letter detailing the threats that the media in Turkey face was published by Le Monde, one of the leading newspapers in France, on Monday.
CHP visits journalist under arrest since Dec. 14 media crackdown
A delegation from the main opposition Republican People's Party (CHP) has visited Samanyolu TV Group General Manager Hidayet Karaca, who has been under arrest since a government-backed police operation took place against independent media outlets on Dec. 14, 2014.
Is Erdoğan’s ‘taka’ headed for the cliffs?
Emre Deliveli
Not according to credit ratings agency Standard and Poor’s. In a note released on Feb. 6, S and P said the “banking regulator’s (BDDK) decision to transfer the management of Bank Asya to the Savings Deposit Insurance Fund (TMSF) does not affect the unsolicited credit ratings on Turkey.”
Not according to credit ratings agency Standard and Poor’s. In a note released on Feb. 6, S and P said the “banking regulator’s (BDDK) decision to transfer the management of Bank Asya to the Savings Deposit Insurance Fund (TMSF) does not affect the unsolicited credit ratings on Turkey.”
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