Staff Reporter The National Accountability Bureau (NAB) Karachi on Tuesday approved a reference against former Karachi Metropolitan Corporation (KMC) director and three others for allegedly incurring loses upto Rs 300 billion to the national exchequer through illegal allotment of government plots in Clifton area. According to the details shared by the NAB authorities, a reference was prepared against former KMC director Ashfaq Ansari and other co-accused for illegally allotting two plots in Clifton area of the metropolis. “The KMC officials gave undue favour while exercising their powers,” it said adding that both the plots were owned by the provincial government. The accused were involved in preparing fake and illegal documents of the government plots and also issued their illegal lease orders after the allotment process.Their criminal act caused a loss of at least Rs 300 million to the national exchequer, the NAB reference said. On Monday, in an important development, the National Accountability Bureau (NAB) unearthed undeclared (benami) property of Abdul Ghani Majeed, one of the main accused in fake bank accounts reference.