Polish business people are to send a letter of protest to the Ukrainian PM after last Friday’s police raid on a bank in Kiev with Polish interests, according to Polskie Radio.

Polish businesspeople are to send a letter to Ukraine`s PM Yulia Tymoshenko asking for an explanation of what happened during last Friday`s tax inspection in Kiev`s Kredobank. 

 Kredobank`s majority shareholder is Poland largest bank, PKO BP.

 The head of the International Union of Polish Businessmen in Ukraine, Stefan Perkowski, said that reports of the inspection are ‘terrifying’. Masked and armed officers of the tax police burst into one of the branches of the bank in Kiev and detained clients and staff for a couple of hours.

 "The conduct of the tax police was inadequate for the status of the company that was being inspected," stressed Perkowski.

Perkowski also told the Polish Radio that since this morning he has been receiving calls from Polish businesspeople alarmed by Friday`s events.

 According to unofficial information obtained by the Polish Radio, the matter will be looked into by the Polish embassy in Kiev. There has been no comment so far from the Ukrainian tax police.