7 – Drush on server: Error: Allowed memory size issue

I have Drush installed on my Inmotion hosting server.
For one Drupal 7 site, it works just fine but for the other one, which is nearly identical, it doesn’t work so well.
Some commands it allows (like my favourite drush sql-dump or drush cc followed by 5) and but when I do a command drush cc all it throws an out-of-memory issue as shown below:

Drush command terminated abnormally due to an unrecoverable error.                                                                         (error)
Error: Allowed memory size of 134217728 bytes exhausted (tried to allocate 20480 bytes) in
/home/myAccount/public_html/mysite.net/sites/all/modules/views/includes/base.inc, line 129

The issues stemming from the base.inc file are:

after command: drush cc all: on line 129:
$storage($option) = isset($definition('default')) ? $definition('default') : NULL;

The issues stemming from the view.inc file are:

after command: drush cc all: on line 2244:
$this->$field = unserialize($info('serialized default'));

after command: drush cc all: on line 2312:
$this->$field = empty($info('serialize')) ? $data->$field : unserialize($data->$field);

The php.ini files are identical on both sites.
The settings.php files are not identical and I thought it would be resolved by adding the same lines to the ending of the file

ini_set('memory_limit', '512M');
error_reporting(E_ALL);
$conf('error_level') = 2;
ini_set('display_errors', TRUE);
ini_set('display_startup_errors', TRUE);

but this didn’t solve the problem (even after clearing the cache).

What could cause this problem?