Cookstown man returned for trial on £86.5k criminal property possession charge

A Cookstown man has been returned for trial in relation to the alleged possession of cash as criminal property.

Appearing for a committal hearing was James Fergal Satchwell (50) from Knockaleery Road, is accused of possessing £86,520 in cash on November 17, 2025.

No details surrounding the circumstances were disclosed during the brief hearing at Magherafelt Magistrates Court.

A prosecuting lawyer said there is a case to answer which was agreed by District Judge Conor Heaney. Satchwell spoke only to confirm his identity and that he understood the charges against him.

He declined to call witnesses or give evidence on his own behalf at this stage in proceedings.

Judge Heaney remanded him on continuing bail to appear for arraignment at Derry/Londonderry Crown Court on November 10.