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Boxer Eamonn Loughran must pay up for assault

Former world boxing champion Eamonn Loughran has abandoned an appeal against being ordered to pay damages for punching a businessman at the centre of an alleged multi-million pound property fraud.

Co Londonderry man Kevin O'Kane is now set to enforce the as yet unpaid £7,500 awarded to him after successfully suing the ex-world welterweight title holder, his lawyer confirmed.

Mr Loughran also still faces a legal bill after withdrawing a planned challenge to the judgment against him.

The former boxer faced a civil action over an argument linked to an alleged Turkish property scam.

Mr O'Kane (51), from Bellaghy but now living in Portglenone, said he needed more than 30 stitches for head and facial injuries inflicted during an encounter with the ex-fighter. But Mr Loughran claimed to have acted in self-defence, alleging the developer tried to head-butt him.

A judge who heard the case at Coleraine County Court decided the boxing star clearly knew how to inflict maximum damage with one punch, which he described as “professionally administered”.

That outcome was due to be contested at the High Court in Belfast, but Mr O'Kane's solicitor disclosed yesterday that Mr Loughran withdrew his appeal last month. Hugh Leslie, of John J Rice and Co, said they would now enforce the judgment against Mr Loughran.

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The former boxing champion is among 80 investors from Northern Ireland who have brought separate chancery proceedings against Mr O'Kane.

They claim to have been cheated in deals for property on the Aegean Coast.

Mr O'Kane, who is also facing criminal fraud charges, denies any wrongdoing.

Meanwhile, his legal team hit back yesterday at claims that some investors perceive him to be leading “a lavish, Mercedes lifestyle”. A barrister said the claims were inaccurate. The case was adjourned until next month.

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