The court's ruling thus partly satisfied the prosecutors' request, according to an UNIAN correspondent.

Arrested until April 30, 2017, Nasirov can still be released on bail set at UAH 100 million, or about US$3.7 million, while the prosecution requested the sum that is 20 times higher – UAH 2 billion, or US$74 million.

According to the ruling, if the bail is put up, Nasirov shall wear an ankle monitor, turn in his Ukrainian passport and travel documents, as well as refrain from communicating with other individuals involved in the criminal proceedings.

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Read alsoUkraine’s chief taxman holder of UK, Hungarian passports - ProsecutorNasirov shall be kept in custody since the announcement of the ruling until the bail has been put up for him, if any.

The ruling can be appealed in Kyiv's Court of Appeals within five days.

Read alsoRoman, the MythbusterAs UNIAN reported earlier, on Thursday, March 2, the National Anti-corruption Bureau of Ukraine and the Special Anti-corruption Prosecutor's Office of Ukraine (SAPU) held a number of raids in the State Fiscal Service's offices, including its head office. Nasirov is charged under Article 364 of the Criminal Code of Ukraine (abuse of power or misuse of office).

NABU suspects that the SFS-approved installment plan for gas royalties payment was part of the scheme by MP Oleksandr Onyshchenko's firms on misappropriation of funds from PJSC Ukrgasvydobuvanniya in the amount of UAH 740.07 million. The damage to the state budget as a result of Nasirov’s alleged action is estimated at UAH 2 billion.

On March 3, the Cabinet suspended Nasirov for the period of the probe.