Kyiv's Shevchenkivskyy district court has released Mykola Huta on personal recognizance, the spokesman for the Prosecutor-General's Office, Andriy Lysenko, has said.
A former co-owner of the Mriya agricultural holding, Huta is suspected of fraud to the amount of 800m hryvnyas.
The decision was taken on 6 November.
The court explained that it had granted the National Police's request to this effect.
Huta was extradited from Switzerland on Ukraine's request.