Money laundering data remains elusive in Faroe Islands as Minister seeks information from Danish authorities

Information on the number of money laundering cases in the Faroe Islands over the past five years remains elusive. To provide an answer, data from the Danish Ministry of Justice is required, but it has not been received yet, according to Høgni Hoydal, the Minister of Fisheries and the Environment, in response to Liljuna Weihe, a member of the Parliament.

Weihe’s query pertains to Article 52a, which mandates a response within ten days of the question being raised. However, Hoydal indicated that the Ministry of Justice was unable to furnish the Ministry of Foreign Affairs and Trade with the necessary information within that timeframe.

Once the data is obtained from the Danish Ministry of Justice, it will be forwarded to the Parliament, assured the Minister. With the Parliament session having lasted nearly two weeks, a total of 11 Article 52a inquiries have been directed to the Prime Minister and government ministers.