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Entry from OED Online

bung, n.4 SECOND EDITION 1989 
Criminals' slang

[Origin unknown.] 

    A bribe.

1958 F. NORMAN Bang to Rights III. 149 ‘Is'nt it a coinsidence that Stanley Golsberg's shop was screwed the other day, and a load of cloth was nicked?’ ‘Alright so how much is the bung?’ Asked Solie. ‘Well lets say a fifty and we did'nt see a thing.’ 1966 J. ASHFORD Consider Evidence vii. 67 What's the matter? Not being offered enough bung?