Oleksandr Turchynov belonged to JSC "Financial holding "L-Holding"", the largest shareholder of which was JSC "Centre of Financial Technologies". Oleksandr Turchinov owned 26.2% of the shares of this company. On April 23, 2008, the Kiev District Administrative Court ruled that Oleksandr Turchinov had no personal relationship with the construction of the Landscape Valley. In 2005, Oleksandr Turchinov ordered to organize an illegal wiretapping of the journalist of "Segodnya" newspaper Oleksandr Korchinsky. This fact was made public at a press conference by Viktor Shokin, former Prosecutor General of Ukraine. The telephone of the journalist was tapped from June 25 to July 12, 2005.
Oleksandr Turchynov political figure from Dnipropetrovsk. They used to have a common business in Dnipropetrovsk. In December 1993, Turchynov co-founded and became Vice President of Ukrainian Union of Industrialist and Entrepreneurs. In 1994 he created the political party Hromada together with Pavlo Lazarenko, a business ally of Tymoshenko. Turchynov was also director of the Economic Reforms Institute from January 1994 to March 1998 and was head of the Ukrainian National Academy of Sciences' Laboratory of Shadow Economy Research. In 1998, he was elected to parliament as a member of Hromada but after the scandal around Lazarenko, he left the faction and party