Businessman took his life over financial pressure, says wife
Published 29/03/2013 | 05:00
A DEVOTED father of four whose industrial painting business collapsed took his own life because of acute financial pressures.
Several friends and family members had expressed concern about the financial pressures that Kieran Mulcahy (46) seemed to be under.
Mr Mulcahy died despite a major search by his family for him on December 12 last. There was concern for his welfare after a note was found on the mantelpiece of the family's Maryborough home in Cork.
His wife Rosemary and brother-in-law William Sullivan told an inquest at Cork Coroner's Court that the businessman had been under enormous pressure after the decline of the construction sector.
He operated an industrial coatings and paint business based in the Marina in Cork harbour.
"He talked to me (about it) but obviously he just couldn't cope. It was very tough," said Mrs Mulcahy.
"The pressure, the being pursued, the phone calls. It is just very stressful. It bothers you if you care about it and he did, hugely. It is just such a huge loss for us."
Mrs Mulcahy said she wanted her husband to be remembered as a devoted family man and loving husband.
She said: "I would like him to be remembered in a different way than the manner of his death. I would rather him to be remembered for his achievements and he had a lot of those. He has such a great family."
Mrs Mulcahy said she had been concerned for her husband with the pressure he was under.
"He felt that as soon as he dealt with one problem there was another," she said.
Referring to his death, she said: "It was terribly unfortunate that he took this action. He made a mistake. It seems like small problems but to him they were very big (problems)."
The last family member to see him was his son Alex, who saw his father working on a laptop. His father made a cup of tea for his son before leaving the house shortly after 4pm.
Mrs Mulcahy had been ringing her husband throughout the afternoon as she was very concerned about him, but couldn't reach him.
When she arrived home, she discovered a note on the mantelpiece addressed to her. After reading it, she immediately rang the gardai and family members raced to the house.
At 5.20pm, Simona Takova was out walking her dog with her boyfriend when she became concerned about an incident she spotted and alerted gardai.
Mr Mulcahy's body was subsequently recovered and a post mortem by Assistant State Pathologist Dr Margaret Bolster found that he had drowned.
A toxicology test found a blood-alcohol concentration of 322mg per litre.
Mr Sullivan said: "I was very close to him. He had difficulties from a business point of view. He shared them with me."
Coroner Dr Myra Cullinane described it as "a very tragic case" and ruled that Mr Mulcahy had taken his own life. She expressed her deepest sympathies to the family on their terrible loss.