I have an appointment with Cobh Gardai for 3pm today in which I will lodge the following formal complaint against Michael Wallace TD in response to his admission that he hired a hitman to recover an outstanding debt from a building contractor.
To Whom It May Concern:
I wish to lodge a formal complaint against Michael Wallace TD in response to his admission that he hired a hitman to recover an outstanding debt from a building contractor.
During a conversation with Marian Finucane on RTE on Saturday 6th October 2012 Mr. Wallace outlined the background regarding his decision to hire a hitman and the subsequent successful outcome of his actions.
The conversation between Mr. Wallace and Marian Finucane is available on the RTE website.
I have included an account of the conversation with some minor editing for ease of reading.
I was working for a large builder supplying labour only and he owed me €170,000 and gave me €150,000. When I said I need the last twenty they said you can go to hell, that’s all you’re getting.
When I said that’s not fair, they said; we don’t give a fuck.
I said that’s not the way I do business.
They said, well, that’s it.
After trying to get the money back through the legal process for six months my solicitor told me, you’re owed €20,000, you’ll be lucky to get €13,000 out of €20,000 and you’ll have your legal costs and take at least two years, so whatever you think.
Ok, let me think about it.
I just happened to meet a guy in a pub the next night and he told me about what he did, how he made his living. He was a debt collector.
There’s a contractor who owes me money. I’ve never met the owner but I’m dealing with a contracts manager and all my dealings have been with him.
And I said, if I said to you go get my money how would you do it?
I just need his name and the company he works for and I’d find out the rest. I’d go out to his house at 8 or 9 at night when he’s at home. I’d knock on the door, put my foot in the door and I’d have a gun with me and I’d give him seven days to pay and generally they pay.
Well, I’m owed €20,000, what would it cost me?
Four, you get sixteen, I get four.
Right, ok. Let me think about it.
So I arranged to meet a guy that used to work for me but now worked for this particular contracts manager. I said to him, by the way, I’m going to get that money from the contractor.
Are you serious?
I am, yeah.
That’s great, how did you do it?
I haven’t got it yet but I’m going to get it. This guy has guaranteed me I’m going to get it.
How did you do it?
Well, I hired a hit man and I explained to him how he’s going to get the money.
I don’t believe you Wallace; I don’t believe you, that’s incredible.
What can I do, I need the money, they owe it to me, he will pay so there won’t be any trouble.
Two days later, I got a phone call from the owner of the company who I had never spoken to in my life and he asked to meet me.
I believe there’s an outstanding sum of money.
There is, you owe me €20,000.
I went to his office and agreed to accept €16,000.
But to be honest, I wouldn’t have sent a gunman to his door, no.