A court has permitted former Head of the State Agency for Investments and National Projects of Ukraine Vladyslav Kaskiv, who is suspected of large-scale misappropriation and embezzlement of property, to travel abroad, the Ukrayinska Pravda e-zine reported on Wednesday.

According to the report, a respective court decision was made on December 7 by Investigative Judge of Pechersky District Court of Kyiv Volodymyr Karaban.

"The defense lawyer and the defendant asked [the court] to return Kaskiv's passports for traveling abroad, other documents that give the right to leave and enter Ukraine, motivating the need to travel abroad by taking care of a young child. Having heard the motivation of the parties, the court ruled to return Kaskiv's passports," the report says.

At the same time, Kaskiv will continue to be obliged to arrive at the first request to the investigator, the prosecutor and/or to court, as well as inform the investigator, the prosecutor or the court about changing his place of residence.

As reported, Kaskiv was declared internationally wanted under Part 5, Article 191 of the Criminal Code of Ukraine on charges of "large-scale misappropriation of property by an official through abuse of office and through collusion with a group of persons" and under Part 2 of Article 366 of the Criminal Code of Ukraine on "forgery by an official." He is suspected of entering into a criminal conspiracy in 2012 with other persons to embezzle the means of the state budget of Ukraine in the amount of about UAH 7.5 million.

On November 1, Prosecutor General Yuriy Lutsenko said that Kaskiv had been extradited from Panama to Ukraine and taken to the Main Investigation Department of the Prosecutor General's Office.

On the same day the Pechersky District Court of Kyiv decided to remand Kaskiv into pretrial custody for two months and set bail at UAH 160,000. The court also ordered Kaskiv to turn in all passports and to be available to investigators, as well as to inform them of his whereabouts.