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 he worked at Kryvorizhstal, a large Ukrainian steel producer. From 1987 to 1990, he served as head of the agitation and propaganda division of the Dnipropetrovsk Oblast Komsomol (Communist Youth League) Committee, which was led by Serhiy Tihipko. Tihipko and Turchynov became political advisers of Leonid Kuchma, then head of Dnipropetrovsk-based Pivdenmash missile manufacturer. Kuchma and his entire team, including Tihipko and Turchynov moved to Kiev in 1992, after Kuchma was appointed Prime Minister. In 1993 Turchynov was formally appointed an advisor on economic issues to Prime Minister Kuchma. Turchynov is an old ally of Yulia Tymoshenko, another prominent Ukrainian