The decision, made unanimously among ruling and opposition lawmakers, will almost certainly be finalized during an Upper House plenary session on Wednesday.
The lawmaker's probable dismissal comes after he failed to show up at a plenary session to apologize for fittingly enough failing to attend parliament.
The Metropolitan Police Department has accepted criminal complaints from celebrities and requested the lawmaker to present himself for voluntary questioning.
Gaasyy, who is said to be staying in the UAE, was absent from the start of the three-day session despite the Upper House rejecting his application for permission to travel overseas.