A couple of things:
1) I’m not claiming Adam Milstein and Avi Oved broke the rules. They did not. Apparently, it is not against UCLA student election rules to raise money from outside donors.
2) Nonetheless, this matters for a couple of reasons: transparency about where your money is coming from; conflict of interest concerns (is Milstein giving money because Oved says he will defeat divestment resolutions?); anti-Muslim donors; and outside money in student politics, which raises a lot of questions.
3) Milstein lied. You can spin it anyway you want, but he lied. He donated the money to Hillel with the express purpose of it going to Oved and other Bruins United party members.