Eric Pohlmann

Detective Inspector Jacques Clouseau is borrowed from the Surete on special assignment for Scotland Yard in hopes that a fresh outlook will help the government recover the loot from the Great Train Robbery, which is being used to underwrite a new crime wave. What they don't count on, however, is having more than one Clouseau on the job.

Victor Marswell runs a big game trapping company in Kenya. Eloise Kelly is ditched there, and an immediate attraction happens between them. Then Mr. and Mrs. Nordley show up for their gorilla documenting safari. Mrs. Nordley is not infatuated with her husband any more, and takes a liking to Marswell. The two men and two women have some difficulty arranging these emotions to their mutual satisfaction, but eventually succeed.

In postwar Vienna, Austria, Holly Martins, a writer of pulp Westerns, arrives penniless as a guest of his childhood chum Harry Lime, only to learn he has died. Martins develops a conspiracy theory after learning of a "third man" present at the time of Harry's death, running into interference from British officer Major Calloway, and falling head-over-heels for Harry's grief-stricken lover, Anna.

The famous Pink Panther jewel has once again been stolen and Inspector Clouseau is called in to catch the thief. The Inspector is convinced that 'The Phantom' has returned and utilises all of his resources – himself and his Asian manservant – to reveal the identity of 'The Phantom'.