Inquiry into collapse has been going on at least a year
Police have been investigating the collapse of the Northern Ireland Events Company for at least a year.
The Belfast Telegraph revealed last October how the matter was the subject of a criminal probe.
Today's report confirms there is an "active PSNI investigation into aspects of NIEC's business activities".
According to the report, the PSNI is focusing on the period between 2004 and 2006.
It has still to interview one person under caution as part of its inquiries.
The report says: "The PSNI told us that they are in the final stages of an investigation surrounding funding provided by NIEC into several specific events between 2004 and 2006.
"The investigation will be in a position to conclude after one outstanding person has been interviewed under caution; this outstanding interview has been arranged."
The PSNI declined to comment in detail on the matter.
It also refused to say how many people have been questioned as part of its investigation, or state if anyone has been arrested.
A spokesperson said: "Investigations are ongoing and it would be inappropriate to comment any further."
The Department of Culture, Arts and Leisure liaised with police at the time of NIEC's collapse in 2007.
However, the PSNI chose not to instigate any criminal investigation at the time. It led DCAL to ask the Department of Enterprise, Trade and Investment to launch a more exhaustive probe.