Peter Butt

Merchants of Menace: The True Story of the Nugan Hand Bank Scandal Peter Butt

In January 1980, Australian police found merchant banker Frank Nugan shot dead in his car. His American business partner, Michael Hand, a former CIA operative, immediately ordered the destruction of the Nugan Hand bank's records, then disappeared without a trace. A dozen investigations ensued, probing the notorious bank's alleged involvement in gun-running and money laundering for drug traffickers and the CIA. But none got to the bottom of Nugan Hand's activities. Brimming with chilling new evidence and powerful testimonies, investigative filmmaker Peter Butt reinvestigates the Nugan Hand bank scandal, then goes on the hunt for Michael Hand, one of the world's most elusive corporate fugitives.