MUMBAI, Nov 29 (Reuters) - Adani Group's finance chief

on Friday rejected U.S. allegations that group executives,

including Chairman Gautam Adani, were part of a $265 million

bribery scheme, and said the accused would clarify the U.S.

allegations in 10 days.

"We reject all of this strongly on behalf of

the individuals," Adani Group CFO Jugeshinder Singh told

reporters at an event in Mumbai.

"We believe it is not warranted, we know for sure 100% that

nothing of this sort happened. If we were paying that amount of

cash to someone I would certainly know, so we know

nothing happened," Singh said.

U.S. authorities accused Adani, 62, 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 solar power supply contracts, and

misleading U.S. investors during fund raises there.

The ports-to-power conglomerate has previously denied the

charges as "baseless" and vowed to seek "all possible

legal recourse".

"As a group there will not be any action (on the U.S.

indictment) but individuals will be taking steps," Singh said on

Friday.

The U.S. indictment has had major ripple effects: Adani

shares have plummeted last week, at least one Indian state is

reviewing its power deal with Adani, Indian parliament has been

disrupted amid political uproar and TotalEnergies has

decided it will not make any more investments in the group.

India's foreign ministry, in the country's first official

reaction to Adani's indictment, said on Friday that bribery

allegations against the billionaire was a legal issue between

private companies and the U.S. Department of Justice and that

New Delhi has not received any request on this case from

Washington.