Lim Kit Siang

NEP and brain-drain of accountants

Letters
by C H Tan

Can you also address the brain drain within the accounting profession?

We witness in recent years unprecedented outflow of qualified accountants to cities such as New York, Hong Kong, London, Shanghai, San Francisco, etc. This has exarcebated the already-bad-enough exodus across the Causeway. My take is that the main pull factor is the remuneration within the profession in these cities, but I can’t help to think that these opportunities to venture abroad and leave Malaysia (plus the NEP of course) are too good to turn down.

I know most of these beancounters, myself included, have to foresake family and friends in Malaysia for a better career prospect, not only for themselves, but for their children, and children’s children.

Personally, I have lived through the system myself. STPM, fighting for a place in the accounting faculty in University of Malaya, racial polarisation in residential colleges, etc. I have witnessed that at least a good 50% of my fellow coursemates who have packed their backs and moved abroad for a better pay package and hopefully a better quality of life too.

Nonetheless, there is a general consensus amongst us that we still long for a place call home. Being born and bred this country, there is no other cities and country closer to our hearts than our respective hometowns and Malaysia herself.

I will honestly think twice before making a move back when the time comes. This begs the question – what is in store back home? Putting my hand on heart, besides family and childhood friends (friends of all races, contrary to the situation in national schools these days), I can’t see myself calling it a day out here and move back.

There are lots of niggling worries and dilemma that I foresee and fear. Religious freedom. Meritocracy and the ability to compete on equal terms regardless of race. Barbaric politicians overzealously playing the racial cards in the house of parliament with no consideration for long-term nation building. To name a few.

Ultimately, my quandary is simple – finding a place to call home for Malaysians of all races. The only place that I have lived long enough and come to know is Malaysia. Sadly, even at this moment as I am reflecting on the current situation back home, I can’t bring myself to tell the world that I am Malaysian and be truly proud of it.

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