Sergey Bubka, the IAAF senior vice-president, has been cleared of making a suspicious money transfer.

The French newspaper Le Monde reported last year that Bubka had transferred funds in 2009 to a company linked to the then IAAF treasurer Valentin Balakhnichev, who was later banned from athletics for life over blackmail and corruption accusations.

The Athletics Integrity Unit said it “concluded, based on the information currently available to it, that there is no prima facie case of a breach of the applicable IAAF rules”.

Bubka was an Olympic pole vault champion and world-record holder before becoming a key figure in sports politics. He is the head of the Ukrainian Olympic Committee and a member of the International Olympic Committee.