As reported by Censor.NET, a source familiar with the case told TSN.
Bakai was reportedly apprehended along with his accountant and aide.
The aide and accountant were released from a pretrial detention facility today, Oct. 31 while Bakai is still in custody.
The source said the ex-official was charged with acquiring assets of other people through deception. At least 10 deceived people reported him to the police including Russian billionaire Alisher Usmanov, who allegedly lent Bakai $9 million.
Sources familiar with the situation say that Bakai has recently been travelling between the UAE and Moscow constantly borrowing money from his acquaintances.
Bakai was indicted of abuse of power after he resigned as Ukrainian civil servant. He fled to Russia with his family in late 2004 and obtained this country's citizenship in 2005.