During Pahlavi periods of time, the Baha’ism organization ran an extensive net of economic sedition and rent by incumbency of most posts of the country. Hojabr Yazdani confiscated huge properties in favor of Baha’ism organization cooperating with the highest officials of the country. The impact of the Islamic Revolution on the body of the Baha’ism organization was to such an extent that the universal house of justice of Israel considered the Islamic Revolution of Iran as the serious crisis of its existence. Changing the name of assembly and its properties in Iran, this organization preserved and increased its assets and prevented sensitivity towards itself.
Hojabr Yazdani was taking loans from the banks and buying other banks, lands, and companies. Muhammad Yeganeh, the minister of finance and housing in Pahlavi period of time writes in his diary
“Hojabr has taken huge loans from different banks over and over and owed them about 750 million tomans. For example, he took several huge loan from Khoshkish, the head of Melli Bank which was done under the pressure of Dr. Ayadi and Houshang Ansari (the then minister of Finince). In order to remove legal barriers out of his embezzlements, he tried to ask the Shall, Ashraf and Nasiri for help.[1]”
Hojabr who didn’t have money financially was taking loan from other bank to buy the share of each bank. Even, according to the e\regulations of the central bank each person could take loan up to 10 percent of the bank’s capital. Hojabr repressed this regulation, too. For example, he received 105 million tomans as loan from the Melli Bank (in addition to his previous loan of 100 million tomans taken from this bank); while the capital of Melli Bank was 400 million tomans. He also took a loan from Saderat Bank which was 100 million tomans while Saderat Bank’s capital was 250 million tomans.in 1354 S.H., when the central bank’s head figured out that the amount of Hojabr’s misplaced checks have reached more than one billion tomans, he informed the issue to the prime minister but because Yazdani was being supported by the Shah directly, he continued his corruptions.”
As a symbol of Baha’ism organizational economic corruption symbol during the Pahlavi period of time, Hojabr Yazdani claimed for buying all wealth people of Iran at once! His ring cost 5 million tomans (Today it equals 200 billion tomans). Undoubtedly, the behaviors of people such as Hojabr Yazdani and Abdul Karim Ayadi were influential on intriguing the public wrath against Baha’ism.[2]
Hussein Fardoust wrote: “Hojabr Yazdani turned to a power supported by Ayadi. He confiscated many lands in Bakhtaran, Mazandaran, Isfahan and etc. it became clear for me that all these money belong to Baha’ism and Yazdani transacted for them but with his name[3].”
Eventually, the splendid victory of the Islamic Revolution hit a fatal blow on the Baha’ism corrupt body in Iran and recovered the properties looted by Baha’ism during Pahlavi period of time.
[۱] Fars Correspondence, the news title: A man having 200 billion ring who was considered as a laborious man by the Shah, 1401/ 11/ 06.
[۲] Refer to Hussein Fardoust, the emergence and fall of Pahlavi kingdom, Bija: Ettela’at, 1370 S.H., Vol. 1, p. 375.
[۳] Ibid.
