Al Qaeda unwittingly recruit Inspector Clouseau for their Final Mission.

Is that a "Bumb" in your hands?

The premise is DOA: MGM owns the trademark and the copyright on all things relating to the Pink Panther franchise.

I love the title. It really makes the logline work. That being said, using a franchised character may present all kinds of hurdles. Doing so makes the logline justifiably short. As much as I'd like to recommend rewriting it without using this famous character I think this is a movie I'd like to see (or write). Have fun with it and good luck.