Donegal man John Downey, who stands accused of the murder of two UDR soldiers, has been refused bail again.
Downey appeared at Belfast Magistrates’ Court today for a renewed bail application, the Belfast Telegraph reports.
However, the 67-year-old’s application was denied, despite an unprecedented amount of cash and realisable property being offered.
Downey, who has an address in Creeslough Co. Donegal, is charged with murdering two British soldiers in an IRA bomb attack in Enniskillen in 1972. He was extradited to the UK after handing himself into gardaí in October.
The bail application heard that £225,000 in cash and a further £500,000 in equity was proposed as sureties. Downey’s defence also said he proposed to live in a property in Belfast belonging to a Sinn Féin Councillor.
The application was refused by District Judge Peter Magill.