Former Workers' Party President Sean Garland has appeared in court in Dublin after US authorities sought his extradition on alleged counterfeiting charges.

The 74-year-old from Dublin was arrested this afternoon on foot of an extradition warrant from the US.

Mr Garland was remanded in custody, pending a bail application.

A garda detective told the High Court that Mr Garland was arrested at Mountjoy Square North in Dublin and shown the warrant for his arrest.

Counsel for Mr Garland told the court that his client has medical problems. Mr Garland will be detained in Cloverhill Prison and will appear in court again on Wednesday.

The Workers' Party has described Mr Garland's arrest as 'politically motivated'.

Speaking outside the court, party spokesperson Malachy Steenson said the extradition application was an attempt by the authorities to divert attention from the country's economic crisis.