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5 unusual facts about Michael Jon Hand


Michael Jon Hand

Efforts to arrange deals included incorporating a company in Pretoria, South Africa, and sending Bernie Houghton with two Nugan Hand employees to the United States to meet Edwin P. Wilson.

In 1967 Hand finished his CIA contract and moved to Sydney, where he became engaged in real estate deals with the CIA-linked US expatriate Bernie Houghton.

Returning to Sydney in March 1976, Hand developed "a close business and social relationship with Murray Riley", a former policeman turned criminal patron of leading Australian criminals.

In 1973 he co-founded the Nugan Hand Bank with Australian lawyer Francis John Nugan, concentrating on the international side of the bank.

Ocean Shores, New South Wales

Lots were sold by Michael Jon Hand, Frank Nugan and Bernie Houghton of what would later become the notorious Nugan Hand bank.


Nugan Hand Bank

The bank was co-founded in 1973 by Australian lawyer Francis John Nugan and US ex-Green Beret Michael Jon Hand, and had connections to a range of US military and intelligence figures, including William Colby, who was CIA director from 1973 to 1976.


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