BENGALURU, Nov 27 (Reuters) - Indian billionaire Gautam

Adani has been charged in the United States for alleged

securities law violations and faces potential fines but has not

been charged under the U.S. Foreign Corrupt Practices Act, Adani

Green Energy said on Wednesday.

US authorities last week accused Adani, his nephew and

executive director Sagar Adani and managing director of Adani

Green, Vneet S. Jaain, of being part of a scheme to

pay bribes of $265 million to secure Indian power supply

contracts and misleading U.S. investors.

The company said in a statement that the U.S. SEC

complaint "prays for an order directing the defendants to pay

civil monetary penalties (but) it does not quantify the amount

of penalty".

The civil case brought by the Securities and Exchange

Commission is a parallel case to an indictment against Adani and

others by U.S. federal prosecutors.

Adani Green also said in a separate disclosure on Wednesday

that "these directors have been charged on three counts in the

criminal indictment" for alleged "securities fraud conspiracy,

alleged wire fraud conspiracy, and alleged securities fraud."

The Adani Group has denied the accusations in the U.S.

indictment as baseless, and said it will seek all legal

recourse.