Authorities in America had sought the extradition of Mr Garland (76), of Beldonstown, Brownstown, Navan, Co Meath, to face charges relating to the production of high-quality counterfeit US dollars.
The operation was allegedly carried out with the collusion of the government of North Korea.
In a brief hearing this morning, Mr Justice John Edwards said that the court was not disposed to grant the application and will furnish its reasons for doing so on January 13th next.
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