SHADOW Chancellor George Osborne was caught up in a £487,000 funding row last night.
The donation was given to the Tories — who informed the Electoral Commission.
But when it was passed to Mr Osborne for his Westminster office he did NOT declare it in the register of MPs’ interests.
He claims officials told him there was no need.
Tory leader David Cameron defended his pal, saying he was told “effectively it didn’t need to be declared”.
Mr Osborne got the cash in January but emailed Commons registrar Alda Barry about it only last month — days after Labour’s dodgy donations scandal broke.
Last night he said the advice may have been “unclear”.
Insiders last night claimed the case could be the tip of the iceberg, with a string of Shadow Cabinet ministers failing to declare donations.
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