If you are there or going there you have been warned - your training won't count.
I think this will be the beginning of the schools like this starting to see suspensions and revocations or school's giving up approvals. - the implementation of EASA is a big cultural shift.
Don't believe them (or any other school for that matter) on what they will say the problem is - until they are off that list they can't offer or train for EASA training. Once they are off that list your good to go - until then don't give them a penny!
I would imagine that the suspension is post inspection - all their staff are still in place so it's not that.